Sharp (OTCMKTS:SHCAY) Hits New 52-Week Low – Time to Sell?

Sharp Corp. (OTCMKTS:SHCAY)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $0.80 and last traded at $0.8195, with a volume of 7491 shares. The stock had previously closed at $0.8381.

Sharp Trading Down 0.9%

The company has a market cap of $2.17 billion, a price-to-earnings ratio of 2.98 and a beta of 0.66. The business’s fifty day moving average price is $0.90 and its 200 day moving average price is $1.11. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.68.

Sharp (OTCMKTS:SHCAY) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.14 billion. Sharp had a net margin of 5.57% and a return on equity of 23.43%. Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. Research analysts anticipate that Sharp Corp. will post 0.13 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.