Shimano (OTCMKTS:SMNNY) Sees Unusually-High Trading Volume – What’s Next?

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNYGet Free Report) saw an uptick in trading volume on Friday . 512,750 shares changed hands during mid-day trading, an increase of 127% from the previous session’s volume of 225,871 shares.The stock last traded at $10.58 and had previously closed at $10.58.

Shimano Stock Up 0.2%

The stock’s fifty day simple moving average is $10.79 and its 200-day simple moving average is $12.06. The company has a market capitalization of $9.30 billion, a PE ratio of 28.65 and a beta of 0.63.

Shimano (OTCMKTS:SMNNYGet Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $770.46 million during the quarter. Shimano had a net margin of 10.72% and a return on equity of 5.96%.

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.

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