Sharp (OTCMKTS:SHCAY) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Sharp Co. (OTCMKTS:SHCAY) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.44 and traded as high as $1.59. Sharp shares last traded at $1.50, with a volume of 3,140 shares trading hands.

Sharp Price Performance

The company has a quick ratio of 0.84, a current ratio of 1.17 and a debt-to-equity ratio of 2.52. The business’s fifty day moving average price is $1.55 and its 200 day moving average price is $1.44.

Sharp (OTCMKTS:SHCAY) last posted its quarterly earnings data on Friday, August 9th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $3.41 billion for the quarter. Sharp had a negative return on equity of 15.56% and a negative net margin of 6.79%. As a group, sell-side analysts predict that Sharp Co. will post 0.05 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.