Shares of Shimano Inc. (OTCMKTS:SMNNY – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $19.69 and last traded at $19.33, with a volume of 19157 shares. The stock had previously closed at $19.17.
Shimano Price Performance
The company has a market capitalization of $17.36 billion, a price-to-earnings ratio of 37.59 and a beta of 0.59. The firm’s 50-day simple moving average is $16.81 and its two-hundred day simple moving average is $15.85.
Shimano (OTCMKTS:SMNNY – Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The company reported $0.14 earnings per share for the quarter. Shimano had a return on equity of 8.74% and a net margin of 12.62%. The business had revenue of $746.22 million for the quarter.
About Shimano
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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