Sparta Commercial Services (OTCMKTS:SRCO) Shares Cross Above 50-Day Moving Average – Should You Sell?

Shares of Sparta Commercial Services, Inc. (OTCMKTS:SRCO – Get Free Report) crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $0.07 and traded as high as $0.07. Sparta Commercial Services shares last traded at $0.0615, with a volume of 28,871 shares trading hands.

Sparta Commercial Services Trading Down 2.0%

The business’s 50 day moving average is $0.07 and its two-hundred day moving average is $0.08. The company has a market cap of $3.99 million, a PE ratio of -1.17 and a beta of -0.35.

Sparta Commercial Services (OTCMKTS:SRCO – Get Free Report) last issued its earnings results on Monday, September 21st. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $0.05 million for the quarter.

About Sparta Commercial Services

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Sparta Commercial Services, Inc is a diversified technology and financial services company that has historically focused on serving motorcycle dealerships and other small and midsized businesses. Its operations have included business software, mobile technology, and financing-related services.

The company has offered mobile application development and management tools designed to help businesses establish a mobile presence, communicate with customers, and promote products and services.

Further Reading

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