Shimano (OTCMKTS:SMNNY) Sets New 1-Year Low – What’s Next?

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $12.94 and last traded at $13.47, with a volume of 130471 shares. The stock had previously closed at $13.46.

Shimano Stock Performance

The company’s 50 day moving average price is $13.98 and its 200-day moving average price is $16.04. The stock has a market cap of $12.09 billion, a P/E ratio of 43.65 and a beta of 0.60.

About Shimano

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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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