ValuEngine Downgrades SMC (SMCAY) to Hold

ValuEngine lowered shares of SMC (OTCMKTS:SMCAY) from a buy rating to a hold rating in a research note released on Thursday.

Shares of SMC opened at $19.57 on Thursday, MarketBeat Ratings reports. The stock has a market capitalization of $27.07 billion, a price-to-earnings ratio of 24.46, a price-to-earnings-growth ratio of 1.24 and a beta of 2.70. SMC has a 52 week low of $15.13 and a 52 week high of $25.78.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers directional control valves, air cylinders, rotary actuators/air grippers, vacuum equipment, air preparation equipment, modular F.R.L./pressure control equipment, lubrication equipment, fittings and tubing, flow control equipment, silencers/exhaust cleaners/blow guns/pressure gauges, and switches/sensors/controllers.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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