SMC (OTCMKTS:SMCAY) Shares Gap Up - Time to Buy?

Smc Corporation (OTCMKTS:SMCAY - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $16.89, but opened at $17.66. SMC shares last traded at $16.94, with a volume of 2,959 shares trading hands.

SMC Trading Down 0.1%

The company has a 50 day simple moving average of $17.94 and a 200 day simple moving average of $18.06. The stock has a market cap of $21.56 billion, a P/E ratio of 21.10, a PEG ratio of 2.72 and a beta of 1.00.

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

SMC Company Profile

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.