Free Trial

Sharp (OTCMKTS:SHCAY) Hits New 12-Month Low - Time to Sell?

Sharp logo with Consumer Discretionary background

Shares of Sharp Corp. (OTCMKTS:SHCAY - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $1.01 and last traded at $1.01, with a volume of 1023 shares changing hands. The stock had previously closed at $1.02.

Sharp Price Performance

The company has a fifty day moving average of $1.15 and a 200 day moving average of $1.36. The firm has a market capitalization of $2.91 billion, a P/E ratio of 12.44 and a beta of 0.70. 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, meeting the consensus estimate of $0.03. Sharp had a return on equity of 0.33% and a net margin of 1.70%. The business had revenue of $3.39 billion for the quarter, compared to analysts' expectations of $3.72 billion. Sell-side analysts predict 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

Should You Invest $1,000 in Sharp Right Now?

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

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Follow the Money: 5 Stocks Institutions Are Buying NOW
Strong Earnings? Market Says NVIDIA-Level Growth or Be Forgotten
Palantir’s Soaring Valuation—Justified or Overhyped?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines