Shimano (OTCMKTS:SMNNY) Reaches New 52-Week Low – Time to Sell?

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $13.05 and last traded at $13.51, with a volume of 111147 shares traded. The stock had previously closed at $13.80.

Shimano Stock Down 2.2 %

The firm has a fifty day moving average of $16.69 and a 200-day moving average of $16.79. The firm has a market cap of $12.07 billion, a P/E ratio of 41.82 and a beta of 0.62.

About Shimano

(Get Free Report)

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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