Sharp Corp. (OTCMKTS:SHCAY – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $0.9514, but opened at $1.01. Sharp shares last traded at $1.03, with a volume of 11,553 shares trading hands.
Sharp Trading Up 10.5%
The firm has a 50-day moving average of $0.93 and a 200 day moving average of $0.91. The company has a market cap of $2.67 billion, a P/E ratio of 14.68 and a beta of 0.66.
Sharp (OTCMKTS:SHCAY – Get Free Report) last issued its earnings results on Friday, August 7th. The company reported $0.01 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.01. Sharp had a return on equity of 11.62% and a net margin of 1.32%.The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.72 billion. On average, equities analysts predict that Sharp Corp. will post 0.07 EPS for the current year.
Sharp Company Profile
Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.
The company’s core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.
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