Sharp Corp. (OTCMKTS:SHCAY – Get Free Report) rose 10.9% on Wednesday . The company traded as high as $0.9383 and last traded at $0.9383. 1,396 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 7,422 shares. The stock had previously closed at $0.8464.
Sharp Price Performance
The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 7.22 and a beta of 0.63. The stock has a 50-day moving average of $0.92 and a 200-day moving average of $0.95.
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.
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