Sharp Corp. (OTCMKTS:SHCAY) Short Interest Update

Sharp Corp. (OTCMKTS:SHCAY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 6,171 shares, a growth of 283.8% from the November 30th total of 1,608 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 10,686 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 10,686 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Sharp to a “hold” rating in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Sharp Trading Down 0.4%

Shares of SHCAY opened at $1.17 on Thursday. The business has a 50-day moving average of $1.27 and a 200 day moving average of $1.27. Sharp has a fifty-two week low of $1.01 and a fifty-two week high of $1.70. The firm has a market cap of $3.04 billion, a P/E ratio of 7.80 and a beta of 0.52. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.65 and a current ratio of 0.88.

Sharp (OTCMKTS:SHCAY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. The business had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.29 billion. Sharp had a net margin of 2.95% and a return on equity of 19.42%. As a group, research analysts forecast that Sharp 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.