Shimano (OTCMKTS:SMNNY) Stock Price Up 0.4% - Still a Buy?

Key Points

• Shimano Inc. saw its stock price rise by 0.4% on Tuesday, with shares trading between $10.79 and $11.19 during the day.
• The company reported a net margin of 7.53% and earnings per share of ($0.05) for the last quarter, alongside revenue of $857.43 million.
• Shimano has a market capitalization of $9.5 billion and is known for producing bicycle components, fishing tackles, and rowing equipment worldwide.

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report)'s share price shot up 0.4% on Tuesday . The stock traded as high as $11.19 and last traded at $10.83. 232,517 shares changed hands during mid-day trading, an increase of 33% from the average session volume of 175,347 shares. The stock had previously closed at $10.79.

Shimano Price Performance

The stock has a market capitalization of $9.50 billion, a price-to-earnings ratio of 41.66 and a beta of 0.58. The company's 50-day simple moving average is $11.69 and its 200-day simple moving average is $13.28.

Shimano (OTCMKTS:SMNNY - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported ($0.05) earnings per share for the quarter. The firm 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

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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