Sharp (OTCMKTS:SHCAY) Upgraded at ValuEngine

ValuEngine upgraded shares of Sharp (OTCMKTS:SHCAY) from a hold rating to a buy rating in a research note released on Monday morning, ValuEngine reports.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. upgraded shares of Sharp from a neutral rating to an overweight rating in a research report on Monday, July 8th. Jefferies Financial Group upgraded shares of Sharp from an underperform rating to a hold rating in a research report on Thursday, August 8th.

SHCAY opened at $2.61 on Monday. Sharp has a twelve month low of $2.15 and a twelve month high of $6.57. The company has a quick ratio of 1.10, a current ratio of 1.40 and a debt-to-equity ratio of 1.44. The company has a 50-day moving average price of $2.93 and a 200 day moving average price of $2.72. The company has a market cap of $5.58 billion, a PE ratio of 12.43 and a beta of 1.25.

Sharp Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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