Sharp (OTCMKTS:SHCAY) Sets New 12-Month Low - Here's What Happened

Key Points

• Shares of Sharp hit a new 52-week low of $0.8099 on Monday with 3,741 shares traded, trading below both its 50-day ($1.01) and 200-day ($1.19) moving averages, signaling near-term weakness.
• Sharp reported $0.03 EPS for the quarter—meeting estimates—on $3.03 billion in revenue (vs. $3.14B expected), has a market cap of $2.19 billion and a low PE ratio of 3.01, and issued FY2025 EPS guidance of 0.132 while analysts expect roughly $0.01 for the current fiscal year.

Sharp Corp. (OTCMKTS:SHCAY - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as $0.8099 and last traded at $0.8099, with a volume of 3741 shares trading hands. The stock had previously closed at $0.8550.

Sharp Price Performance

The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.19 billion, a PE ratio of 3.01 and a beta of 0.60. The stock has a 50 day simple moving average of $1.01 and a 200-day simple moving average of $1.19.

Sharp (OTCMKTS:SHCAY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, meeting analysts' consensus estimates of $0.03. The business had revenue of $3.03 billion for the quarter, compared to analysts' expectations of $3.14 billion. Sharp had a return on equity of 23.43% and a net margin of 5.57%.Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. Equities analysts anticipate that Sharp Corp. will post 0.01 earnings per share for the current fiscal year.

Sharp Company Profile

Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company's core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.