Sparta Commercial Services (OTCMKTS:SRCO) Issues Earnings Results

Sparta Commercial Services (OTCMKTS:SRCO) issued its quarterly earnings results on Monday. The financial services provider reported ($0.01) earnings per share for the quarter, Zacks reports. The firm had revenue of $0.09 million during the quarter.

Sparta Commercial Services Stock Performance

Shares of OTCMKTS SRCO traded down $0.01 during mid-day trading on Tuesday, hitting $0.08. The stock had a trading volume of 10,040 shares, compared to its average volume of 35,437. The company has a 50 day moving average of $0.11 and a two-hundred day moving average of $0.12. The firm has a market cap of $4.42 million, a PE ratio of -2.09 and a beta of -0.35. Sparta Commercial Services has a twelve month low of $0.07 and a twelve month high of $0.29.

Sparta Commercial Services Company Profile

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. The company also owns and manages websites, which sell motorcycle, recreational vehicle, and truck title history reports for consumers, retailers, municipals, nonprofits, auction houses, banks, and insurance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services.