Smc Corporation (OTCMKTS:SMCAY - Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 101,100 shares, agrowthof749.6% from the July 15th total of 11,900 shares. Approximately0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 622,300 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 622,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.0% of the shares of the stock are sold short.
SMC Price Performance
SMCAY stock traded down $0.56 during mid-day trading on Thursday, reaching $16.31. 507,900 shares of the company traded hands, compared to its average volume of 508,582. The company has a market capitalization of $20.83 billion, a P/E ratio of 21.75, a P/E/G ratio of 2.74 and a beta of 1.00. SMC has a 52-week low of $14.30 and a 52-week high of $24.10. The company has a fifty day moving average price of $17.64 and a 200-day moving average price of $17.79.
SMC (OTCMKTS:SMCAY - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.03). The company had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $202.86 billion. SMC had a net margin of 18.00% and a return on equity of 7.38%. As a group, analysts forecast that SMC will post 0.79 EPS for the current year.
About SMC
(
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SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.
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