Sharp (OTCMKTS:SHCAY – Get Free Report) released its quarterly earnings results on Friday. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01, Zacks reports. Sharp had a net margin of 2.60% and a return on equity of 17.39%.
Sharp Stock Down 8.9%
SHCAY traded down $0.09 during trading on Friday, hitting $0.90. The company had a trading volume of 17,820 shares, compared to its average volume of 7,267. The company has a market capitalization of $2.35 billion, a PE ratio of 6.95 and a beta of 0.63. Sharp has a one year low of $0.80 and a one year high of $1.52. The firm’s 50-day moving average price is $0.92 and its 200 day moving average price is $0.94.
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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