Sharp (OTCMKTS:SHCAY) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Sharp Co. (OTCMKTS:SHCAY)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.52 and traded as high as $1.54. Sharp shares last traded at $1.54, with a volume of 204 shares changing hands.

Sharp Price Performance

The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 3.15. The stock’s 50 day moving average price is $1.50 and its two-hundred day moving average price is $1.52. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of -3.84 and a beta of 0.71.

Sharp (OTCMKTS:SHCAY) last announced its quarterly earnings results on Friday, February 7th. The company reported ($0.01) EPS for the quarter. Sharp had a negative net margin of 7.12% and a negative return on equity of 17.10%. Analysts anticipate that Sharp Co. will post 0.01 EPS for the current fiscal year.

Sharp Company Profile

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.