Sparta Commercial Services (OTCMKTS:SRCO) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Sparta Commercial Services, Inc. (OTCMKTS:SRCO) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.09 and traded as low as $0.0613. Sparta Commercial Services shares last traded at $0.0613, with a volume of 1,395 shares traded.

Sparta Commercial Services Price Performance

The stock has a market cap of $3.37 million, a P/E ratio of -1.00 and a beta of 0.02. The company’s 50 day moving average price is $0.08 and its two-hundred day moving average price is $0.09.

Sparta Commercial Services (OTCMKTS:SRCO) last released its quarterly earnings data on Thursday, August 13th. The financial services provider reported ($0.03) EPS for the quarter. The business had revenue of $0.06 million during the quarter.

About Sparta Commercial Services

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.