Shimano Inc. (OTCMKTS:SMNNY – Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 19,900 shares, a drop of 47.6% from the August 15th total of 38,000 shares. Based on an average trading volume of 86,900 shares, the short-interest ratio is presently 0.2 days.
Shimano Stock Performance
SMNNY opened at $17.58 on Friday. The firm has a market cap of $15.71 billion, a P/E ratio of 31.41 and a beta of 0.59. The business has a 50 day moving average price of $17.53 and a 200 day moving average price of $16.24. Shimano has a twelve month low of $12.85 and a twelve month high of $19.69.
Shimano (OTCMKTS:SMNNY – Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The company reported $0.14 EPS for the quarter. The company had revenue of $746.22 million for the quarter. Shimano had a net margin of 12.62% and a return on equity of 8.74%.
Shimano Company Profile
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.
Featured Stories
- Five stocks we like better than Shimano
- 3 REITs to Buy and Hold for the Long Term
- 3 Leveraged ETFs to Multiply Returns
- Trading Halts Explained
- A Tale of Two Titans: Unveiling the Value in Baidu and JD.com
- 3 Stocks to Consider Buying in October
- Is the AI-Capable iPhone 16 the Start of a Sales Super-Cycle?
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.
