Sharp (OTCMKTS:SHCAY) Updates FY 2024 Earnings Guidance

Sharp (OTCMKTS:SHCAY) updated its FY 2024 earnings guidance on Tuesday. The company provided EPS guidance of 0.050-0.050 for the period. The company issued revenue guidance of $14.1 billion-$14.1 billion.

Sharp Trading Down 4.4 %

SHCAY traded down $0.07 on Friday, reaching $1.56. 4,272 shares of the company’s stock were exchanged, compared to its average volume of 5,278. Sharp has a twelve month low of $1.16 and a twelve month high of $1.91. The company’s 50 day moving average is $1.52 and its 200-day moving average is $1.46. The company has a quick ratio of 0.84, a current ratio of 1.17 and a debt-to-equity ratio of 2.52.

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.