Sparta Commercial Services (OTCMKTS:SRCO) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.12 and traded as low as $0.1158. Sparta Commercial Services shares last traded at $0.12, with a volume of 100,000 shares traded.

Sparta Commercial Services Stock Up 4.3%

The company has a market capitalization of $5.48 million, a P/E ratio of -3.00 and a beta of -0.40. The business has a 50 day simple moving average of $0.12 and a 200-day simple moving average of $0.12.

Sparta Commercial Services (OTCMKTS:SRCO) last released its quarterly earnings results on Friday, December 19th. The financial services provider reported ($0.01) EPS for the quarter. The firm had revenue of $0.10 million for the quarter.

Sparta Commercial Services Company Profile

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.