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Shimano (OTCMKTS:SMNNY) Shares Gap Down - Here's Why

Shimano logo with Consumer Discretionary background

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $14.13, but opened at $13.63. Shimano shares last traded at $13.89, with a volume of 19,075 shares traded.

Shimano Stock Up 1.0%

The company has a market cap of $12.16 billion, a PE ratio of 30.80 and a beta of 0.61. The stock has a 50-day moving average of $13.97 and a 200-day moving average of $13.89.

Shimano (OTCMKTS:SMNNY - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The company reported $0.07 earnings per share for the quarter. Shimano had a return on equity of 7.23% and a net margin of 13.34%. The business had revenue of $744.70 million for the quarter.

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

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