Sharp Corp. (OTCMKTS:SHCAY – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $0.9039, but opened at $0.99. Sharp shares last traded at $0.99, with a volume of 10,058 shares traded.

The firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of 14.16 and a beta of 0.63. The stock has a fifty day moving average of $0.92 and a 200-day moving average of $0.94.

Sharp (OTCMKTS:SHCAY – Get Free Report) last announced its earnings results on Friday, August 7th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Sharp had a return on equity of 11.62% and a net margin of 1.32%.The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.72 billion. As a group, equities research analysts forecast that Sharp Corp. will post 0.07 earnings per share for the current fiscal year.

(Get Free Report)

Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company’s core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.

• Five stocks we like better than Sharp
• On Holding’s Price Stumble May Be an Opening for a Company Built to Run
• TSMC’s 44.7% Sales Surge Signals the AI Boom Is Still Alive
• CoreWeave’s $129 Billion AI Backlog Changes the Bull Case
• Tesla’s Robotaxi Reality Check: Time to Deliver

Receive News & Ratings for Sharp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sharp and related companies with MarketBeat.com's FREE daily email newsletter.