Shimano Inc. (OTCMKTS:SMNNY – Get Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 106,800 shares, a decrease of 14.9% from the January 31st total of 125,500 shares. Based on an average daily trading volume, of 721,800 shares, the days-to-cover ratio is currently 0.1 days.
Shimano Trading Down 1.0 %
Shares of SMNNY opened at $14.05 on Friday. The stock’s 50-day moving average price is $13.57 and its two-hundred day moving average price is $15.14. Shimano has a 1 year low of $12.55 and a 1 year high of $19.69. The stock has a market cap of $12.52 billion, a P/E ratio of 25.09 and a beta of 0.58.
Shimano (OTCMKTS:SMNNY – Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.26 earnings per share for the quarter. Shimano had a net margin of 16.84% and a return on equity of 9.02%.
Shimano Company Profile
Shimano Inc develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. Shimano Inc was founded in 1921 and is headquartered in Sakai, Japan.
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