SPAR Group (NASDAQ:SGRP) Shares Up 14.2%


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Shares of SPAR Group, Inc. (NASDAQ:SGRP) shot up 14.2% during trading on Thursday . The stock traded as high as $1.55 and last traded at $1.15. 3,466,244 shares traded hands during trading, an increase of 2,551% from the average session volume of 130,771 shares. The stock had previously closed at $1.01.

The stock has a market capitalization of $24.28 million, a PE ratio of 57.53 and a beta of 1.06. The firm’s 50 day simple moving average is $0.96 and its 200 day simple moving average is $0.86. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.42 and a quick ratio of 1.42.

SPAR Group (NASDAQ:SGRP) last issued its earnings results on Monday, November 16th. The business services provider reported $0.05 earnings per share (EPS) for the quarter. SPAR Group had a net margin of 0.20% and a return on equity of 1.60%. The firm had revenue of $58.87 million for the quarter.

SPAR Group Company Profile (NASDAQ:SGRP)

SPAR Group, Inc, together with its subsidiaries, provides merchandising and marketing services worldwide. The company offers syndicated services, such as product reordering and replenishment; authorized for distribution are in stock and on the shelf or sales floor; adding new products that are approved for distribution; implementing store planogram schematics; setting product category shelves; ensuring that product shelf tags are in place; checking for salability of the clients' products; placing new product and promotional items in prominent positions; and kiosk replenishment and maintenance services for retailers, manufacturers, and distributors.

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