SMC (OTCMKTS:SMCAY) Sets New 1-Year Low at $25.06

SMC Co. (OTCMKTS:SMCAYGet Rating) hit a new 52-week low on Monday . The stock traded as low as $25.06 and last traded at $25.21, with a volume of 138007 shares changing hands. The stock had previously closed at $25.70.

Separately, Zacks Investment Research raised SMC from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Thursday, February 17th.

The firm has a fifty day simple moving average of $28.14 and a two-hundred day simple moving average of $30.10. The firm has a market capitalization of $33.97 billion, a P/E ratio of 22.15 and a beta of 0.88.

About SMC (OTCMKTS:SMCAY)

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers directional control valves, air cylinders, rotary actuators/air grippers, electric actuators/cylinders, vacuum equipment, air preparation equipment, modular F.R.L./pressure control equipment, lubrication equipment, fittings and tubings, flow control equipment, speed controllers, silencers/exhaust cleaners/blow guns/pressure gauges, switches/sensors/controllers, and static neutralization equipment.

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