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Shimano (OTCMKTS:SMNNY) Shares Gap Up - Still a Buy?

Shimano logo with Consumer Discretionary background

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $13.87, but opened at $14.44. Shimano shares last traded at $14.08, with a volume of 492 shares changing hands.

Shimano Stock Performance

The company has a market capitalization of $12.14 billion, a PE ratio of 30.82 and a beta of 0.61. The company's 50-day simple moving average is $14.04 and its 200-day simple moving average is $13.93.

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

Shimano Company Profile

(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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