SPAR Group (NASDAQ:SGRP) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

SPAR Group, Inc. (NASDAQ:SGRP) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.96 and traded as low as $0.7817. SPAR Group shares last traded at $0.7817, with a volume of 531 shares.

SPAR Group Stock Down 2.3%

The stock has a 50-day moving average of $0.81 and a 200 day moving average of $0.96. The company has a market capitalization of $18.72 million, a PE ratio of -11.17 and a beta of 0.10. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.07.

Insiders Place Their Bets

In related news, CFO Steven Michael Hennen acquired 55,000 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was acquired at an average price of $0.78 per share, for a total transaction of $42,900.00. Following the completion of the acquisition, the chief financial officer owned 55,000 shares of the company’s stock, valued at approximately $42,900. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 50.92% of the company’s stock.

SPAR Group Company Profile

SPAR Group, Inc is a U.S.-based provider of retail merchandising and business services to consumer packaged goods companies. Through its nationwide network of local merchandisers, the company delivers in-store product stocking, planogram compliance, retail audits and promotional installations. SPAR Group’s field teams work directly in grocery, pharmacy, big‐box and convenience channels to ensure optimal product placement and availability at the point of sale.

Beyond traditional merchandising, SPAR Group offers retail data collection and analytics to help clients monitor shelf conditions, pricing accuracy and inventory levels across multiple retail outlets.