Shimano (OTCMKTS:SMNNY) Announces Quarterly Earnings Results

Shimano (OTCMKTS:SMNNY) issued its earnings results on Wednesday. The company reported $0.26 earnings per share for the quarter, Zacks reports. Shimano had a return on equity of 5.22% and a net margin of 9.65%.

Shimano Price Performance

Shares of SMNNY stock opened at $13.81 on Wednesday. The stock has a market capitalization of $12.31 billion, a PE ratio of 44.55 and a beta of 0.60. Shimano has a 1-year low of $12.55 and a 1-year high of $19.69. The business has a 50-day moving average of $13.60 and a 200 day moving average of $15.61.

About Shimano

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.