SMC (OTCMKTS:SMCAY) Shares Down 0.4% - Time to Sell?

Key Points

• SMC Corporation's stock dropped 0.4% to $18.28 during mid-day trading, with a significant decrease in trading volume of 51% compared to the average.
• The company reported $0.19 EPS for the last quarter, surpassing analysts' expectations of $0.14, with a net margin of 19.69%.
• SMC has a market capitalization of $23.35 billion and is involved in manufacturing and selling various automatic control and filtration equipment globally.

Shares of Smc Corporation (OTCMKTS:SMCAY - Get Free Report) dropped 0.4% on Monday . The company traded as low as $18.28 and last traded at $18.28. Approximately 148,505 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 303,381 shares. The stock had previously closed at $18.36.

SMC Trading Down 0.8%

The business has a fifty day simple moving average of $17.92 and a two-hundred day simple moving average of $17.89. The company has a market cap of $22.12 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 2.86 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 for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $200.60 billion. SMC had a return on equity of 8.01% and a net margin of 19.69%. Equities analysts expect that Smc Corporation will post 0.79 EPS for the current 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.