Shimano (OTCMKTS:SMNNY) Shares Gap Up – Time to Buy?

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY – Get Free Report)’s share price gapped up prior to trading on Monday. The stock had previously closed at $12.51, but opened at $13.4050. Shimano shares last traded at $13.2120, with a volume of 758 shares traded.

Shimano Trading Up 1.3%

The company’s 50-day moving average is $11.77 and its 200 day moving average is $11.10. The firm has a market cap of $11.42 billion, a PE ratio of 31.43 and a beta of 0.56.

Shimano (OTCMKTS:SMNNY – Get Free Report) last issued its earnings results on Tuesday, October 27th. The company reported $0.10 EPS for the quarter. Shimano had a return on equity of 5.22% and a net margin of 11.83%. The business had revenue of $805.54 million during the quarter.

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