Sparta Commercial Services (OTCMKTS:SRCO) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Sparta Commercial Services, Inc. (OTCMKTS:SRCOGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.17 and traded as low as $0.09. Sparta Commercial Services shares last traded at $0.11, with a volume of 122,445 shares.

Sparta Commercial Services Price Performance

The company’s 50-day moving average is $0.09 and its 200-day moving average is $0.17. The firm has a market capitalization of $4.78 million, a price-to-earnings ratio of -1.91 and a beta of -0.50.

Sparta Commercial Services (OTCMKTS:SRCOGet Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The financial services provider reported ($0.01) earnings per share for the quarter. The business had revenue of $0.07 million 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.

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