Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 39,375 shares, a drop of 44.5% from the July 15th total of 70,955 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 115,756 shares, the days-to-cover ratio is currently 0.3 days.
Shimano Trading Down 0.9%
SMNNY stock opened at $12.09 on Wednesday. The stock has a 50-day moving average price of $11.33 and a two-hundred day moving average price of $10.85. Shimano has a 12-month low of $9.36 and a 12-month high of $13.12. The company has a market cap of $10.46 billion, a PE ratio of 28.79 and a beta of 0.55.
Shimano (OTCMKTS:SMNNY – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.11 EPS for the quarter. The company had revenue of $812.08 million during the quarter. Shimano had a return on equity of 5.24% and a net margin of 12.18%.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.
Featured Stories
- Five stocks we like better than Shimano
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Shimano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shimano and related companies with MarketBeat.com's FREE daily email newsletter.
