Spark Networks (NYSEAMERICAN:LOV) Share Price Crosses Above Two Hundred Day Moving Average of $0.00

Spark Networks SE (NYSEAMERICAN:LOVGet Rating) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $3.39. Spark Networks shares last traded at $3.24, with a volume of 168,846 shares trading hands.

The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.27 and a current ratio of 0.27.

Spark Networks (NYSEAMERICAN:LOVGet Rating) last announced its quarterly earnings results on Tuesday, May 10th. The technology company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.74). The business had revenue of $52.37 million during the quarter, compared to analysts’ expectations of $56.09 million. Analysts predict that Spark Networks SE will post -8.78 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in the stock. Ridgewood Investments LLC grew its stake in shares of Spark Networks by 67.9% in the fourth quarter. Ridgewood Investments LLC now owns 141,500 shares of the technology company’s stock valued at $444,000 after acquiring an additional 57,207 shares in the last quarter. Potomac Capital Management Inc. bought a new position in shares of Spark Networks during the fourth quarter worth approximately $782,000. Renaissance Technologies LLC acquired a new stake in shares of Spark Networks in the fourth quarter valued at approximately $251,000. Parallax Volatility Advisers L.P. bought a new stake in shares of Spark Networks in the fourth quarter valued at approximately $63,000. Finally, CastleKnight Management LP acquired a new stake in Spark Networks during the fourth quarter worth approximately $196,000.

Spark Networks Company Profile (NYSEAMERICAN:LOV)

Spark Networks SE operates online dating sites and mobile applications. It focuses on catering to the 40+ age demographic and religious communities in North America and other international markets. The company operates its dating platforms under the Zoosk, EliteSingles, Christian Mingle, Jdate, JSwipe, and SilverSingles brands.

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