SMC (OTCMKTS:SMCAY) Shares Gap Down - Here's What Happened

Smc Corporation (OTCMKTS:SMCAY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $17.89, but opened at $17.07. SMC shares last traded at $16.81, with a volume of 10,975 shares traded.

SMC Stock Performance

The stock's 50 day simple moving average is $17.88 and its 200 day simple moving average is $18.11. The firm has a market cap of $21.52 billion, a P/E ratio of 21.06, a price-to-earnings-growth ratio of 2.68 and a beta of 1.00.

SMC (OTCMKTS:SMCAY - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. SMC had a return on equity of 8.01% and a net margin of 19.69%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $200.60 billion. As a group, analysts forecast that Smc Corporation will post 0.79 EPS for the current fiscal year.

About SMC

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.