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Shimano (OTCMKTS:SMNNY) Hits New 1-Year Low - Here's What Happened

Shimano logo with Consumer Discretionary background

Key Points

  • Shoeing Inc. reached a new 52-week low on Tuesday, trading as low as $10.57, while currently sitting at $10.96 with a trading volume of 5,912 shares.
  • The company's latest quarterly earnings report revealed a net loss of $0.05 EPS, with revenue of $857.43 million and a net margin of 7.53%.
  • Shimano has set its FY 2025 guidance for earnings at 2.410 EPS, emphasizing its ongoing financial strategy amidst current market challenges.
  • MarketBeat previews top five stocks to own in October.

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report)'s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $10.57 and last traded at $10.96, with a volume of 5912 shares. The stock had previously closed at $10.86.

Shimano Price Performance

The firm has a market capitalization of $9.45 billion, a price-to-earnings ratio of 41.42 and a beta of 0.58. The business's fifty day simple moving average is $11.80 and its 200 day simple moving average is $13.33.

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

About Shimano

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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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