Sharp (OTCMKTS:SHCAY) Shares Gap Down – Should You Sell?

Sharp Corp. (OTCMKTS:SHCAYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $0.9655, but opened at $0.85. Sharp shares last traded at $1.01, with a volume of 7,133 shares.

Sharp Price Performance

The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average price of $0.89 and a 200 day moving average price of $1.04. The company has a market capitalization of $2.52 billion, a P/E ratio of 7.46 and a beta of 0.63.

About Sharp

(Get Free Report)

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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