Shares of Sharp Corp. (OTCMKTS:SHCAY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 28,687 shares were traded during mid-day trading, an increase of 341% from the previous session's volume of 6,499 shares.The stock last traded at $1.10 and had previously closed at $1.05.
Sharp Price Performance
The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 2.42. The company has a market capitalization of $2.90 billion, a P/E ratio of 12.39 and a beta of 0.70. The company's 50-day simple moving average is $1.14 and its 200 day simple moving average is $1.35.
Sharp (OTCMKTS:SHCAY - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The company had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $3.72 billion. Sharp had a net margin of 1.70% and a return on equity of 0.33%. As a group, sell-side analysts expect that Sharp Corp. will post 0.01 earnings per share for the current fiscal year.
About Sharp
(
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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
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