Sharp (OTCMKTS:SHCAY – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01, Zacks reports. Sharp had a net margin of 2.60% and a return on equity of 17.39%. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.74 billion.
Sharp Price Performance
OTCMKTS SHCAY opened at $0.90 on Friday. Sharp has a 1 year low of $0.80 and a 1 year high of $1.52. The business’s 50-day moving average is $0.92 and its 200 day moving average is $0.94. The stock has a market capitalization of $2.35 billion, a PE ratio of 12.91 and a beta of 0.63.
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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