Free Trial

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

SMC logo with Computer and Technology background

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

SMC Stock Down 5.1%

The stock has a market capitalization of $22.01 billion, a PE ratio of 21.54, a PEG ratio of 2.92 and a beta of 1.03. The firm has a 50 day moving average price of $17.45 and a 200-day moving average price of $18.37.

SMC (OTCMKTS:SMCAY - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $0.19 earnings per share 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 company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $200.60 billion. Equities analysts expect that Smc Corporation will post 0.79 earnings per share for the current fiscal year.

About SMC

(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.

Featured Articles

Should You Invest $1,000 in SMC Right Now?

Before you consider SMC, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SMC wasn't on the list.

While SMC currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines