Sharp (OTCMKTS:SHCAY) Stock Passes Above 200-Day Moving Average – Should You Sell?

Shares of Sharp Co. (OTCMKTS:SHCAY) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.51 and traded as high as $1.59. Sharp shares last traded at $1.58, with a volume of 16,987 shares changing hands.

Sharp Trading Up 0.6 %

The firm has a market cap of $4.10 billion, a PE ratio of -3.95 and a beta of 0.77. The business has a 50-day moving average price of $1.49 and a two-hundred day moving average price of $1.51. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.21 and a quick ratio of 0.88.

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