Sparta Commercial Services (OTCMKTS:SRCO) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Shares of Sparta Commercial Services, Inc. (OTCMKTS:SRCOGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.13 and traded as high as $0.1628. Sparta Commercial Services shares last traded at $0.1628, with a volume of 25,500 shares traded.

Sparta Commercial Services Price Performance

The stock’s 50 day moving average is $0.13 and its two-hundred day moving average is $0.13. The stock has a market capitalization of $7.26 million, a PE ratio of -4.07 and a beta of -0.72.

Sparta Commercial Services (OTCMKTS:SRCOGet Free Report) last released its earnings results on Friday, September 19th. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $0.10 million for the quarter.

About Sparta Commercial Services

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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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