SMC (OTCMKTS:SMCAY) Shares Gap Up – Here’s What Happened
by Scott Moore · The Cerbat GemSmc Corporation (OTCMKTS:SMCAY – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $17.31, but opened at $18.15. SMC shares last traded at $17.3740, with a volume of 184,819 shares.
Wall Street Analyst Weigh In
Separately, Zacks Research raised SMC from a “strong sell” rating to a “hold” rating in a report on Monday, October 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, SMC has a consensus rating of “Hold”.
View Our Latest Analysis on SMCAY
SMC Stock Up 0.0%
The firm’s 50 day simple moving average is $17.48 and its 200 day simple moving average is $16.90. The company has a market cap of $22.12 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 5.04 and a beta of 0.95.
SMC (OTCMKTS:SMCAY – Get Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. SMC had a return on equity of 7.87% and a net margin of 19.72%.The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $197.83 billion. Analysts anticipate that Smc Corporation will post 0.79 EPS for the current fiscal year.
SMC Company Profile
SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment. It also provides flow control equipment, speed controllers, silencers/exhaust/blow guns/pressure gauges, switches/sensors/controllers, static neutralization equipment, and industrial device communication equipment/wireless system.