Sharp (OTCMKTS:SHCAY) Sets New 1-Year Low – What’s Next?

Sharp Corp. (OTCMKTS:SHCAY) shares hit a new 52-week low on Wednesday. The stock traded as low as $0.7116 and last traded at $0.7116, with a volume of 1,340 shares. The stock had previously closed at $0.8140.

Sharp Stock Down 11.6%

The company has a debt-to-equity ratio of 1.26, a current ratio of 1.44 and a quick ratio of 1.01. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 17.79 and a beta of 0.72. The firm’s 50-day simple moving average is $0.92 and its two-hundred day simple moving average is $0.93.

Sharp (OTCMKTS:SHCAY) last posted its quarterly earnings results on Monday, November 9th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The company had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.90 billion. Sharp had a net margin of 0.72% and a return on equity of 10.23%. Sharp has set its FY 2026 guidance at 0.060-0.060 EPS.

About Sharp

Sharp Corporation is a Japanese electronics company that develops and sells products for consumers and businesses. Its offerings include home appliances such as televisions, refrigerators, air conditioners and microwave ovens, as well as office equipment, including multifunction printers and copiers. The company also makes display products and electronic components, including LCD panels and related technologies, and provides business and information systems. Sharp serves customers in Japan and international markets.