Sharp (OTCMKTS:SHCAY) Shares Gap Up – Here’s Why

Sharp Corp. (OTCMKTS:SHCAYGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $0.89, but opened at $0.95. Sharp shares last traded at $0.95, with a volume of 1,039 shares traded.

Sharp Trading Up 9.7%

The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 7.51 and a beta of 0.63. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.68 and a current ratio of 0.93. The firm has a fifty day moving average price of $0.89 and a 200-day moving average price of $1.03.

Sharp Company Profile

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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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