Shimano (OTCMKTS:SMNNY) Shares Gap Up – Here’s What Happened

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $11.49, but opened at $11.9012. Shimano shares last traded at $11.9012, with a volume of 238 shares traded.

Shimano Stock Performance

The firm’s 50 day moving average is $12.05 and its 200 day moving average is $11.00. The stock has a market cap of $10.16 billion, a P/E ratio of 27.95 and a beta of 0.53.

Shimano (OTCMKTS:SMNNY) last announced its earnings results on Tuesday, July 28th. The company reported $0.11 earnings per share for the quarter. Shimano had a net margin of 12.18% and a return on equity of 5.28%. The company had revenue of $812.08 million during the quarter. Shimano has set its FY 2026 guidance at 0.317-0.317 EPS.

About Shimano

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.