Surge Component (OTCMKTS:SPRS) Shares Pass Below 50 Day Moving Average – Time to Sell?

Surge Component (OTCMKTS:SPRS)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.42 and traded as low as $3.31. Surge Component shares last traded at $3.31, with a volume of 100 shares.

Surge Component Price Performance

The stock has a market capitalization of $19.30 million, a PE ratio of 16.55 and a beta of 0.39. The business has a 50 day moving average price of $3.41 and a 200 day moving average price of $3.15.

Surge Component (OTCMKTS:SPRS) last posted its quarterly earnings results on Friday, February 27th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $9.90 million during the quarter. Surge Component had a return on equity of 5.53% and a net margin of 3.13%.

About Surge Component

Surge Components, Inc, together with its subsidiaries, supplies electronic products and components. It offers capacitors, which are electrical energy storage devices; and discrete semiconductor components, such as rectifiers, transistors, diodes, circuit protection devices, and audible components comprising audible transducers, Piezo buzzers, speakers, and microphones. The company also provides resonators, alarms, chimes, filters, and discriminators, as well as fuses, printed circuit boards, and switches.