Sparta Commercial Services (OTCMKTS:SRCO) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Sparta Commercial Services, Inc. (OTCMKTS:SRCOGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.27 and traded as low as $0.15. Sparta Commercial Services shares last traded at $0.18, with a volume of 5,300 shares trading hands.

Sparta Commercial Services Trading Down 5.4 %

The stock has a market capitalization of $6.44 million, a P/E ratio of -4.25 and a beta of -0.90. The business has a fifty day simple moving average of $0.24 and a 200 day simple moving average of $0.27.

Sparta Commercial Services (OTCMKTS:SRCOGet Free Report) last announced its quarterly earnings results on Monday, December 23rd. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter.

Sparta Commercial Services Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Sparta Commercial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparta Commercial Services and related companies with MarketBeat.com's FREE daily email newsletter.