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SMC (OTCMKTS:SMCAY) Stock Price Down 0.9% - Here's What Happened

SMC logo with Computer and Technology background

Shares of Smc Corporation (OTCMKTS:SMCAY - Get Free Report) dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $17.69 and last traded at $18.05. Approximately 584,042 shares were traded during trading, an increase of 55% from the average daily volume of 376,304 shares. The stock had previously closed at $18.21.

SMC Price Performance

The stock has a 50 day moving average of $17.38 and a two-hundred day moving average of $18.42. The stock has a market capitalization of $23.06 billion, a PE ratio of 22.56, a P/E/G ratio of 2.93 and a beta of 1.03.

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