SMC Co. (OTCMKTS:SMCAY - Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 145,600 shares, an increase of 104.8% from the February 28th total of 71,100 shares. Based on an average daily volume of 1,046,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are sold short.
SMC Trading Down 0.9 %
OTCMKTS:SMCAY traded down $0.17 during midday trading on Tuesday, hitting $17.94. 1,211,513 shares of the company traded hands, compared to its average volume of 643,997. The firm's fifty day moving average is $18.77 and its 200-day moving average is $20.15. The firm has a market capitalization of $23.44 billion, a P/E ratio of 21.88, a P/E/G ratio of 16.73 and a beta of 0.80. SMC has a 12-month low of $17.18 and a 12-month high of $29.49.
SMC (OTCMKTS:SMCAY - Get Free Report) last announced its earnings results on Friday, February 14th. The company reported $0.22 earnings per share for the quarter. The business had revenue of $1.28 billion for the quarter. SMC had a net margin of 20.52% and a return on equity of 8.31%. On average, research analysts expect that SMC will post 0.79 EPS for the current fiscal year.
About SMC
(
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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.
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