Shimano (OTCMKTS:SMNNY) Reaches New 52-Week High – Time to Buy?

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) shares reached a new 52-week high on Wednesday . The company traded as high as $12.85 and last traded at $12.85, with a volume of 435 shares traded. The stock had previously closed at $12.28.

Shimano Stock Performance

The stock has a market capitalization of $11.10 billion, a P/E ratio of 49.36 and a beta of 0.58. The company’s 50-day moving average price is $10.64 and its 200 day moving average price is $10.67.

Shimano (OTCMKTS:SMNNY) last released its earnings results on Tuesday, July 28th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $812.08 million for the quarter. Shimano had a net margin of 7.67% and a return on equity of 2.85%. Shimano has set its FY 2026 guidance at 0.317-0.317 EPS.

About Shimano

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.