SMC (OTCMKTS:SMCAY) Reaches New 1-Year Low – What’s Next?

SMC Co. (OTCMKTS:SMCAYGet Free Report) reached a new 52-week low during mid-day trading on Saturday . The company traded as low as $17.18 and last traded at $17.38, with a volume of 243450 shares. The stock had previously closed at $18.72.

SMC Trading Down 7.2 %

The stock has a fifty day moving average of $19.25 and a 200-day moving average of $20.96.

SMC (OTCMKTS:SMCAYGet Free Report) last released its quarterly earnings results on Friday, February 14th. The company reported $0.22 earnings per share (EPS) for the quarter. SMC had a return on equity of 8.47% and a net margin of 20.75%. The firm had revenue of $1.28 billion for the quarter. As a group, analysts expect that SMC Co. will post 0.93 EPS for the current year.

About SMC

(Get Free Report)

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.

Further Reading

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