Shimano (OTCMKTS:SMNNY) Shares Gap Down – Should You Sell?

Shares of Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) gapped down before the market opened on Tuesday . The stock had previously closed at $11.66, but opened at $11.10. Shimano shares last traded at $11.10, with a volume of 169 shares trading hands.

Shimano Trading Down 0.1%

The stock has a 50 day moving average of $11.99 and a 200-day moving average of $10.98. The company has a market capitalization of $9.99 billion, a P/E ratio of 27.50 and a beta of 0.53.

Shimano (OTCMKTS:SMNNY) last released its earnings results on Tuesday, July 28th. The company reported $0.11 EPS for the quarter. Shimano had a net margin of 12.18% and a return on equity of 5.28%. The company had revenue of $812.08 million for the quarter. Shimano has set its FY 2026 guidance at 0.317-0.317 EPS.

Shimano Company Profile

Shimano Inc is a Japanese manufacturer of cycling components and fishing equipment. The company’s bicycle business includes drivetrains, gears, brakes, pedals, wheels, shoes and related accessories for road, mountain, gravel, touring and recreational cycling.

Shimano also produces fishing tackle, including reels, rods, lines, lures, clothing and other equipment for freshwater and saltwater anglers. Its products are sold through distributors, retailers and sporting-goods channels in markets around the world.

Founded in 1921 in Sakai, Japan, as Shimano Iron Works, the company has expanded from metalworking and bicycle freewheel production into a global sporting-goods business.