Sharp (OTCMKTS:SHCAY) Stock Crosses Above 200 Day Moving Average – What’s Next?

Sharp Co. (OTCMKTS:SHCAY) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.52 and traded as high as $1.58. Sharp shares last traded at $1.58, with a volume of 291 shares changing hands.

Sharp Price Performance

The company has a fifty day simple moving average of $1.53 and a 200 day simple moving average of $1.52. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of -3.94 and a beta of 0.71. The company has a debt-to-equity ratio of 3.15, a quick ratio of 0.88 and a current ratio of 1.21.

Sharp (OTCMKTS:SHCAY) last posted its quarterly earnings data 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%. Equities research analysts forecast that Sharp Co. will post 0.01 EPS for the current fiscal year.

About Sharp

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.