Sharp (OTCMKTS:SHCAY) Shares Gap Down – Should You Sell?

Shares of Sharp Corp. (OTCMKTS:SHCAY) gapped down prior to trading on Thursday . The stock had previously closed at $0.9805, but opened at $0.9082. Sharp shares last traded at $0.9082, with a volume of 992 shares traded.

Sharp Price Performance

The firm’s fifty day moving average price is $0.97 and its 200 day moving average price is $1.16. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The stock has a market cap of $2.37 billion, a PE ratio of 3.25 and a beta of 0.66.

Sharp (OTCMKTS:SHCAY) last released its 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 net margin of 5.57% and a return on equity of 23.43%. The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.14 billion. Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. As a group, equities analysts expect that Sharp Corp. will post 0.01 EPS for the current fiscal 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.