Sharp (OTCMKTS:SHCAY) Sets New 1-Year Low – Here’s Why

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

Sharp Trading Up 4.5%

The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 3.14 and a beta of 0.60. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.68 and a current ratio of 0.93. The business has a 50-day moving average of $1.00 and a 200-day moving average of $1.18.

Sharp (OTCMKTS:SHCAY) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. Sharp had a return on equity of 23.43% and a net margin of 5.57%.The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.14 billion. Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. As a group, research analysts forecast that Sharp Corp. will post 0.01 EPS for the current year.

About Sharp

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.