Sharp (OTCMKTS:SHCAY) Reaches New 12-Month Low – Here’s Why

Sharp Corp. (OTCMKTS:SHCAY) reached a new 52-week low during trading on Friday . The stock traded as low as $1.01 and last traded at $1.0150, with a volume of 7254 shares trading hands. The stock had previously closed at $1.04.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Sharp to a “hold” rating in a research note on Tuesday, November 11th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Sharp Stock Performance

The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 3.63 and a beta of 0.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.88 and a quick ratio of 0.65. The firm has a fifty day moving average of $1.15 and a 200 day moving average of $1.28.

Sharp (OTCMKTS:SHCAY) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.03. Sharp had a return on equity of 25.52% 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, sell-side analysts forecast that Sharp Corp. will post 0.01 EPS for the current 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.