Shimano (OTCMKTS:SMNNY) Shares Gap Up – Still a Buy?

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNYGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $10.83, but opened at $11.24. Shimano shares last traded at $11.22, with a volume of 27,462 shares.

Shimano Trading Up 3.8%

The firm’s fifty day simple moving average is $10.49 and its two-hundred day simple moving average is $10.61. The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 43.23 and a beta of 0.58.

Shimano (OTCMKTS:SMNNYGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.07 EPS for the quarter. Shimano had a net margin of 7.67% and a return on equity of 2.85%. The firm had revenue of $749.86 million for the quarter. Shimano has set its FY 2026 guidance at 0.311-0.311 EPS.

Shimano Company Profile

(Get Free Report)

Shimano Inc, traded over-the-counter under the symbol SMNNY, is a Japan-based manufacturer best known for its high-performance cycling components and fishing tackle. Headquartered in Sakai, Osaka, the company operates two primary business segments: bicycle parts and fishing equipment. Within the cycling segment, Shimano produces an extensive range of drivetrains, derailleurs, shifters, brake systems, wheelsets and pedals for road, mountain and urban bicycles, catering to both professional athletes and recreational riders.

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