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Shimano (OTCMKTS:SMNNY) Trading Down 5% - Here's Why

Shimano logo with Consumer Discretionary background

Key Points

  • Shimano's shares fell by 5% to a trading price of $10.96, with a significant decline in trading volume of 94% compared to its average daily volume.
  • The company's last earnings report showed a loss of $0.05 per share despite generating $857.43 million in revenue for the quarter.
  • Shimano has a market capitalization of $9.60 billion and set its fiscal year 2025 EPS guidance at 2.410.
  • Interested in Shimano? Here are five stocks we like better.

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) fell 5% on Tuesday . The company traded as low as $10.95 and last traded at $10.96. 14,210 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 234,014 shares. The stock had previously closed at $11.54.

Shimano Price Performance

The company has a market cap of $9.47 billion, a P/E ratio of 41.54 and a beta of 0.58. The stock has a fifty day moving average price of $12.09 and a two-hundred day moving average price of $13.42.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported ($0.05) EPS 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

(Get Free Report)

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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