Shimano (OTCMKTS:SMNNY) Shares Gap Down – What’s Next?

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $11.7380, but opened at $11.33. Shimano shares last traded at $11.5850, with a volume of 393 shares changing hands.

Shimano Trading Up 1.3%

The firm’s fifty day simple moving average is $12.07 and its two-hundred day simple moving average is $11.00. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of 27.73 and a beta of 0.53.

Shimano (OTCMKTS:SMNNYGet Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.11 EPS for the quarter. The firm had revenue of $812.08 million for the quarter. Shimano had a return on equity of 5.28% and a net margin of 12.18%.Shimano has set its FY 2026 guidance at 0.317-0.317 EPS.

Shimano Company Profile

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Shimano Inc is a Japanese manufacturer of cycling components and fishing equipment. The company’s bicycle business includes drivetrains, gears, brakes, pedals, wheels, shoes and related accessories for road, mountain, gravel, touring and recreational cycling.

Shimano also produces fishing tackle, including reels, rods, lines, lures, clothing and other equipment for freshwater and saltwater anglers. Its products are sold through distributors, retailers and sporting-goods channels in markets around the world.

Founded in 1921 in Sakai, Japan, as Shimano Iron Works, the company has expanded from metalworking and bicycle freewheel production into a global sporting-goods business.

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