SMC (OTCMKTS:SMCAY) Sets New 12-Month Low – Time to Sell?

SMC Co. (OTCMKTS:SMCAYGet Free Report) shares reached a new 52-week low during mid-day trading on Saturday . The company traded as low as $17.18 and last traded at $17.38, with a volume of 243450 shares. The stock had previously closed at $18.72.

SMC Trading Down 7.2 %

The stock’s fifty day simple moving average is $19.33 and its 200-day simple moving average is $21.02. The stock has a market capitalization of $22.71 billion, a PE ratio of 21.20, a P/E/G ratio of 4.66 and a beta of 0.81.

SMC (OTCMKTS:SMCAYGet Free Report) last released its quarterly earnings results on Friday, February 14th. The company reported $0.22 earnings per share for the quarter. SMC had a net margin of 20.75% and a return on equity of 8.47%. As a group, analysts anticipate that SMC Co. will post 0.93 earnings per share for the current fiscal year.

SMC Company Profile

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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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