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SMC (OTCMKTS:SMCAY) Shares Gap Down - What's Next?

SMC logo with Computer and Technology background

Smc Corporation (OTCMKTS:SMCAY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $16.99, but opened at $16.41. SMC shares last traded at $16.71, with a volume of 7,852 shares changing hands.

SMC Price Performance

The company's 50 day simple moving average is $17.98 and its two-hundred day simple moving average is $17.98. The company has a market cap of $21.33 billion, a PE ratio of 20.87, a price-to-earnings-growth ratio of 2.69 and a beta of 1.00.

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

SMC Company Profile

(Get Free Report)

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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