Sharp Corp. (OTCMKTS:SHCAY – Get Free Report) shares gapped up before the market opened on Wednesday. The stock had previously closed at $0.96, but opened at $1.02. Sharp shares last traded at $0.9792, with a volume of 782 shares.
Sharp Trading Down 1.5%
The company has a debt-to-equity ratio of 1.26, a current ratio of 1.44 and a quick ratio of 1.01. The business’s 50-day simple moving average is $0.95 and its two-hundred day simple moving average is $0.92. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 13.93 and a beta of 0.66.
Sharp (OTCMKTS:SHCAY – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. Sharp had a net margin of 1.32% and a return on equity of 11.29%. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.72 billion. On average, research analysts anticipate that Sharp Corp. will post 0.07 earnings per share for the current fiscal year.
About Sharp
Sharp Corporation is a Japanese electronics company that develops and sells consumer, business and industrial products. Its product portfolio includes televisions, audio equipment, home appliances, air conditioners, microwave ovens, calculators and other electronic devices.
The company also supplies display panels and related technologies, including liquid-crystal and other advanced displays used in televisions, mobile devices, automobiles and business equipment. Sharp provides multifunction printers, point-of-sale systems, information displays, workplace solutions and other business-oriented products and services.
Founded in 1912, Sharp is headquartered in Sakai, Osaka, Japan, and serves customers through operations and distribution networks in Japan and international markets.
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