Sharp (OTCMKTS:SHCAY) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Sharp Co. (OTCMKTS:SHCAY - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.52 and traded as high as $1.59. Sharp shares last traded at $1.59, with a volume of 451 shares traded.

Sharp Stock Up 1.6 %

The firm has a market capitalization of $4.13 billion, a P/E ratio of -3.98 and a beta of 0.71. The business has a 50 day moving average price of $1.51 and a 200 day moving average price of $1.52. 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 - Get Free Report) last posted its quarterly earnings results on Friday, February 7th. The company reported ($0.01) earnings per share (EPS) for the quarter. Sharp had a negative return on equity of 17.10% and a negative net margin of 7.12%. On average, analysts predict that Sharp Co. will post 0.01 earnings per share 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.