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Sharp (OTCMKTS:SHCAY) Sets New 52-Week Low - Here's What Happened

Sharp logo with Consumer Discretionary background

Sharp Co. (OTCMKTS:SHCAY - Get Free Report)'s stock price hit a new 52-week low on Thursday . The stock traded as low as $1.20 and last traded at $1.21, with a volume of 2247 shares. The stock had previously closed at $1.21.

Sharp Stock Down 4.9%

The firm has a market cap of $3.12 billion, a PE ratio of -3.00 and a beta of 0.76. The company has a debt-to-equity ratio of 3.15, a quick ratio of 0.88 and a current ratio of 1.21. The firm's 50-day moving average price is $1.35 and its two-hundred day moving average price is $1.46.

Sharp (OTCMKTS:SHCAY - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.03 earnings per share for the quarter, hitting the consensus estimate of $0.03. The business had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $3.72 billion. Sharp had a negative net margin of 7.12% and a negative return on equity of 17.10%. As a group, equities research analysts expect that Sharp Co. will post 0.01 EPS for the current fiscal 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.

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