Shimano (OTCMKTS:SMNNY) Sees Unusually-High Trading Volume - Still a Buy?

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 265,578 shares changed hands during trading, an increase of 14% from the previous session's volume of 232,760 shares.The stock last traded at $11.12 and had previously closed at $11.19.Shimano Stock PerformanceThe firm has a fifty day moving average of $11.53 and a 200 day moving average of $13.20. The firm has a market capitalization of $9.74 billion, a PE ratio of 42.73 and a beta of 0.58. Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $857.43 million for the quarter. Shimano had a net margin of 7.53% and a return on equity of 4.23%. Shimano has set its FY 2025 guidance at 2.410-2.410 EPS.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. Featured StoriesFive stocks we like better than ShimanoCanada Bond Market Holiday: How to Invest and Trade 2 AI Stocks With Record Breaking Rallies: Can They Continue?3 Must-Buy Warren Buffett Stocks for Volatile TimesASML Is a Hidden Gem in This Technology Rally, a Catch Up PlayHow to buy stock: A step-by-step guide for beginners 5 EV Battery and Lithium Stocks Charging the FutureThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Shimano Right Now?Before you consider Shimano, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shimano wasn't on the list.While Shimano currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here