Sparta Commercial Services (OTCMKTS:SRCO) Stock Crosses Above 50 Day Moving Average – What’s Next?

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.09 and traded as high as $0.0968. Sparta Commercial Services shares last traded at $0.0968, with a volume of 2,250 shares.

Sparta Commercial Services Price Performance

The firm has a market capitalization of $5.19 million, a PE ratio of -2.42 and a beta of 0.06. The business’s 50-day moving average price is $0.09 and its 200-day moving average price is $0.11.

Sparta Commercial Services (OTCMKTS:SRCO) last announced its earnings results on Monday, March 23rd. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.09 million for the quarter.

About Sparta Commercial Services

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. The company also owns and manages websites, which sell motorcycle, recreational vehicle, and truck title history reports for consumers, retailers, municipals, nonprofits, auction houses, banks, and insurance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services.