Sharp (OTCMKTS:SHCAY) Shares Gap Up – Here’s What Happened

Sharp Corp. (OTCMKTS:SHCAYGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $0.8803, but opened at $0.95. Sharp shares last traded at $0.95, with a volume of 5,736 shares trading hands.

Sharp Price Performance

The stock’s 50 day moving average is $0.90 and its 200-day moving average is $1.00. The company has a market capitalization of $2.47 billion, a P/E ratio of 7.31 and a beta of 0.63.

Sharp Company Profile

(Get Free Report)

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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