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

Shares of Sharp Corp. (OTCMKTS:SHCAYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $0.9762, but opened at $0.9071. Sharp shares last traded at $0.9071, with a volume of 406 shares trading hands.

Sharp Price Performance

The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 6.97 and a beta of 0.60. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average of $0.89 and a 200 day moving average of $1.05.

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.

Further Reading

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