Sharp (OTCMKTS:SHCAY) Shares Gap Up – Time to Buy?

Sharp Corp. (OTCMKTS:SHCAY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $0.85, but opened at $0.8752. Sharp shares last traded at $0.8752, with a volume of 3,086 shares.

Sharp Trading Up 0.3%

The company has a market cap of $2.28 billion, a P/E ratio of 3.13 and a beta of 0.60. The firm’s 50 day moving average is $1.02 and its two-hundred day moving average is $1.20. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.04.

Sharp (OTCMKTS:SHCAY) last announced its earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. Sharp had a return on equity of 23.43% and a net margin of 5.57%.The business had revenue of $3.03 billion during 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, equities research analysts anticipate 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.