Sharp Corp. (OTCMKTS:SHCAY – Get Free Report)’s stock price was down 6.6% during mid-day trading on Wednesday . The company traded as low as $0.9114 and last traded at $0.9114. Approximately 2,456 shares changed hands during trading, a decline of 70% from the average daily volume of 8,242 shares. The stock had previously closed at $0.9762.
Sharp Stock Down 10.0%
The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 6.76 and a beta of 0.60. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.68. The stock has a 50-day moving average of $0.89 and a 200-day moving average of $1.05.
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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