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Shimano (OTCMKTS:SMNNY) Stock Price Down 0.1% - Time to Sell?

Shimano logo with Consumer Discretionary background

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report)'s share price dropped 0.1% during trading on Tuesday . The stock traded as low as $14.30 and last traded at $14.33. Approximately 98,031 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 284,909 shares. The stock had previously closed at $14.34.

Shimano Stock Up 1.6%

The stock has a market cap of $12.25 billion, a PE ratio of 24.55 and a beta of 0.68. The firm has a 50-day simple moving average of $14.24 and a 200-day simple moving average of $13.94.

Shimano (OTCMKTS:SMNNY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.07 earnings per share for the quarter. The business had revenue of $744.70 million for the quarter. Shimano had a return on equity of 9.02% and a net margin of 16.84%.

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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