Shimano Inc. (OTCMKTS:SMNNY – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 29,300 shares, a growth of 59.2% from the February 28th total of 18,400 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 363,100 shares, the short-interest ratio is currently 0.1 days.
Shimano Trading Down 2.3 %
Shares of OTCMKTS:SMNNY traded down $0.33 during mid-day trading on Friday, reaching $14.24. The stock had a trading volume of 106,240 shares, compared to its average volume of 194,145. The company has a market cap of $12.69 billion, a P/E ratio of 25.43 and a beta of 0.58. The business’s 50 day moving average price is $14.03 and its 200 day moving average price is $14.68. Shimano has a 1 year low of $12.55 and a 1 year high of $19.69.
Shimano (OTCMKTS:SMNNY – Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.26 earnings per share for the quarter. Shimano had a return on equity of 9.02% and a net margin of 16.84%.
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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