SMC (OTCMKTS:SMCAY) Sets New 1-Year Low - Here's What Happened

SMC Co. (OTCMKTS:SMCAY - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $16.96 and last traded at $16.97, with a volume of 350692 shares traded. The stock had previously closed at $18.05.

SMC Stock Performance

The stock's 50 day moving average price is $18.40 and its 200 day moving average price is $19.94. The company has a market capitalization of $20.33 billion, a P/E ratio of 18.98, a price-to-earnings-growth ratio of 16.73 and a beta of 0.96.

SMC (OTCMKTS:SMCAY - Get Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.22 earnings per share for the quarter. The firm had revenue of $1.28 billion during the quarter. SMC had a return on equity of 8.31% and a net margin of 20.52%. On average, analysts expect that SMC Co. will post 0.79 earnings per share 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.