Sharp (OTCMKTS:SHCAY) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Sharp Co. (OTCMKTS:SHCAY) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.49 and traded as high as $1.52. Sharp shares last traded at $1.52, with a volume of 2,921 shares.

Sharp Stock Down 7.2 %

The stock has a fifty day simple moving average of $1.48 and a two-hundred day simple moving average of $1.49. The firm has a market cap of $3.66 billion, a PE ratio of -4.15 and a beta of 0.78. The company has a current ratio of 1.21, a quick ratio of 0.88 and a debt-to-equity ratio of 3.15.

Sharp (OTCMKTS:SHCAY) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.01 EPS for the quarter. Sharp had a negative net margin of 5.90% and a negative return on equity of 15.64%. The company had revenue of $3.79 billion during the quarter. As a group, sell-side analysts expect 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.