Sharp (OTCMKTS:SHCAY) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Sharp Co. (OTCMKTS:SHCAY)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.49 and traded as high as $1.52. Sharp shares last traded at $1.52, with a volume of 23,666 shares.

Sharp Price Performance

The firm has a market cap of $3.93 billion, a P/E ratio of -4.44 and a beta of 0.80. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 3.15. The firm has a 50-day simple moving average of $1.51 and a 200-day simple moving average of $1.49.

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.