Sharp Corp. (OTCMKTS:SHCAY - Get Free Report)'s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $1.03 and last traded at $1.04, with a volume of 2427 shares trading hands. The stock had previously closed at $1.07.
Sharp Trading Down 3.3%
The company has a 50 day moving average price of $1.20 and a 200 day moving average price of $1.38. The company has a debt-to-equity ratio of 2.42, a quick ratio of 0.97 and a current ratio of 1.29. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 11.50 and a beta of 0.70.
Sharp (OTCMKTS:SHCAY - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. Sharp had a net margin of 1.70% and a return on equity of 0.33%. The firm had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $3.72 billion. On average, research analysts expect that Sharp Corp. will post 0.01 earnings per share for the current year.
Sharp Company Profile
(
Get Free Report)
Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sharp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sharp wasn't on the list.
While Sharp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
