SMC (OTCMKTS:SMCAY) Stock Price Up 2.8% - What's Next?

Shares of SMC Co. (OTCMKTS:SMCAY - Get Free Report) rose 2.8% on Tuesday . The stock traded as high as $19.50 and last traded at $19.04. Approximately 559,941 shares traded hands during trading, a decline of 4% from the average daily volume of 580,630 shares. The stock had previously closed at $18.52.

SMC Price Performance

The stock's fifty day moving average is $17.11 and its 200-day moving average is $18.70. The stock has a market cap of $24.42 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 16.73 and a beta of 1.01.

SMC (OTCMKTS:SMCAY - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.05. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $200.60 billion. SMC had a net margin of 20.52% and a return on equity of 8.31%. On average, sell-side analysts expect that SMC Co. will post 0.79 EPS for the current fiscal 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.