Shares of Sharp Co. (OTCMKTS:SHCAY) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.72 and traded as high as $2.60. Sharp shares last traded at $2.62, with a volume of 3,560 shares trading hands.
A number of analysts recently weighed in on SHCAY shares. ValuEngine upgraded Sharp from a “hold” rating to a “buy” rating in a research note on Monday, August 12th. JPMorgan Chase & Co. raised Sharp from a “neutral” rating to an “overweight” rating in a report on Monday, July 8th. Finally, Jefferies Financial Group raised Sharp from an “underperform” rating to a “hold” rating in a report on Thursday, August 8th.
The company has a 50-day moving average price of $2.93 and a two-hundred day moving average price of $2.72. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.40 and a quick ratio of 1.10. The company has a market cap of $5.55 billion, a PE ratio of 12.38 and a beta of 1.25.
Sharp Corporation manufactures and distributes electronic communication equipment, electronic equipment, electronic application equipment, and electronic components in Japan, the Americas, Europe, China, and internationally. It operates through four segments: Smart Homes, Smart Business Solutions, Internet of Things (IoT) Electronics Devices, and Advance Display Systems.
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