Shimano (OTCMKTS:SMNNY) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Shimano Inc. experienced an unusual increase in trading volume, with approximately 265,578 shares traded, marking a 14% rise from the previous session.
• The company's stock is currently priced at $11.12, with a market capitalization of $9.74 billion and a PE ratio of 42.73.
• In its most recent earnings report, Shimano reported a net margin of 7.53% on revenues of $857.43 million for the quarter ending July 29th.

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 265,578 shares changed hands during trading, an increase of 14% from the previous session's volume of 232,760 shares.The stock last traded at $11.12 and had previously closed at $11.19.

Shimano Stock Performance

The firm has a fifty day moving average of $11.53 and a 200 day moving average of $13.20. The firm has a market capitalization of $9.74 billion, a PE ratio of 42.73 and a beta of 0.58.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $857.43 million for the quarter. Shimano had a net margin of 7.53% and a return on equity of 4.23%. Shimano has set its FY 2025 guidance at 2.410-2.410 EPS.

About Shimano

Shimano Inc develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. Shimano Inc was founded in 1921 and is headquartered in Sakai, Japan.

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