Sparta Commercial Services (OTCMKTS:SRCO) Shares Pass Below 200 Day Moving Average – Should You Sell?

Sparta Commercial Services, Inc. (OTCMKTS:SRCOGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.24 and traded as low as $0.17. Sparta Commercial Services shares last traded at $0.17, with a volume of 10,000 shares changing hands.

Sparta Commercial Services Stock Performance

The company has a market capitalization of $6.82 million, a price-to-earnings ratio of -5.67 and a beta of -0.67. The firm has a fifty day moving average price of $0.24 and a 200-day moving average price of $0.24.

Sparta Commercial Services (OTCMKTS:SRCOGet Free Report) last released its earnings results on Tuesday, March 25th. The financial services provider reported ($0.01) EPS for the quarter. The business had revenue of $0.08 million for the quarter.

Sparta Commercial Services Company Profile

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Sparta Commercial Services, Inc develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. It offers mobile applications for vehicle dealerships, racetracks, private clubs, country clubs, schools and entertainment venues, restaurants, grocery stores, and various other merchant types.

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