Free Trial

Shimano (OTCMKTS:SMNNY) Shares 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.

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

Shimano Stock Performance

The stock has a market cap of $9.60 billion, a price-to-earnings ratio of 42.12 and a beta of 0.58. The company has a 50-day moving average of $12.36 and a 200-day moving average of $13.50.

Shimano (OTCMKTS:SMNNY - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $857.43 million for the quarter. Shimano had a return on equity of 4.23% and a net margin of 7.53%. 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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Shimano Right Now?

Before you consider Shimano, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shimano wasn't on the list.

While Shimano currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.