Sharp (OTCMKTS:SHCAY) Sets New 52-Week Low - Time to Sell?

Sharp Corp. (OTCMKTS:SHCAY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $1.11 and last traded at $1.12, with a volume of 5010 shares changing hands. The stock had previously closed at $1.13.

Sharp Stock Performance

The stock has a market capitalization of $2.90 billion, a P/E ratio of 12.40 and a beta of 0.73. The stock's 50-day simple moving average is $1.29 and its 200 day simple moving average is $1.43. The company has a debt-to-equity ratio of 2.42, a current ratio of 1.29 and a quick ratio of 0.97.

Sharp (OTCMKTS:SHCAY - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. Sharp had a net margin of 1.70% and a return on equity of 0.33%. The business had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $3.72 billion. Research analysts expect that Sharp Corp. will post 0.01 EPS for the current fiscal year.

Sharp Company Profile

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.