Sharp Corp. (OTCMKTS:SHCAY – Get Free Report) dropped 6.6% on Wednesday . The company traded as low as $0.9114 and last traded at $0.9114. Approximately 2,456 shares traded hands during trading, a decline of 70% from the average daily volume of 8,242 shares. The stock had previously closed at $0.9762.
Sharp Stock Performance
The company has a market cap of $2.28 billion, a P/E ratio of 6.76 and a beta of 0.60. 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 50 day moving average price of $0.89 and a two-hundred day moving average price of $1.05.
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.
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