Surge Component (OTCMKTS:SPRS) Stock Price Up 9.7% – What’s Next?

Surge Component (OTCMKTS:SPRSGet Free Report)’s stock price shot up 9.7% during mid-day trading on Friday . The stock traded as high as $3.20 and last traded at $3.16. 9,162 shares traded hands during mid-day trading, an increase of 439% from the average session volume of 1,699 shares. The stock had previously closed at $2.88.

Surge Component Stock Performance

The business has a 50 day simple moving average of $3.00 and a 200-day simple moving average of $2.62. The firm has a market capitalization of $18.42 million, a price-to-earnings ratio of 21.07 and a beta of 0.42.

Surge Component (OTCMKTS:SPRSGet Free Report) last announced its quarterly earnings data on Wednesday, October 15th. The company reported $0.08 earnings per share (EPS) for the quarter. Surge Component had a net margin of 2.56% and a return on equity of 4.49%. The firm had revenue of $10.27 million during the quarter.

About Surge Component

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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.

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