Shimano (OTCMKTS:SMNNY) Hits New 52-Week Low – Time to Sell?

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNYGet Free Report) reached a new 52-week low on Monday . The company traded as low as $9.67 and last traded at $9.97, with a volume of 110135 shares changing hands. The stock had previously closed at $10.35.

Shimano Stock Down 3.6%

The business has a fifty day simple moving average of $11.04 and a two-hundred day simple moving average of $12.40. The company has a market cap of $8.75 billion, a P/E ratio of 26.97 and a beta of 0.62.

Shimano (OTCMKTS:SMNNYGet Free Report) last released its quarterly earnings results on Tuesday, October 28th. The company reported $0.09 EPS for the quarter. Shimano had a net margin of 10.72% and a return on equity of 5.93%. The firm had revenue of $770.46 million during the quarter.

Shimano Company Profile

(Get Free Report)

Shimano Inc develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. Shimano Inc was founded in 1921 and is headquartered in Sakai, Japan.

Recommended Stories

Receive News & Ratings for Shimano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shimano and related companies with MarketBeat.com's FREE daily email newsletter.