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Shimano (OTCMKTS:SMNNY) Shares Gap Down - What's Next?

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 trading hands.

Shimano Trading Down 2.3%

The business's 50-day simple moving average is $13.97 and its 200-day simple moving average is $13.90. The company has a market cap of $12.10 billion, a PE ratio of 30.67 and a beta of 0.61.

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

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