SPAR Group (NASDAQ:SGRP) Stock Passes Below 200 Day Moving Average – Here’s What Happened

SPAR Group, Inc. (NASDAQ:SGRP) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.91 and traded as low as $0.7341. SPAR Group shares last traded at $0.75, with a volume of 98,078 shares changing hands.

SPAR Group Trading Up 1.3%

The business has a fifty day moving average of $0.78 and a 200-day moving average of $0.91. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $17.96 million, a P/E ratio of -10.71 and a beta of 0.07.

SPAR Group Company Profile

SPAR Group, Inc is a U.S.-based provider of retail merchandising and business services to consumer packaged goods companies. Through its nationwide network of local merchandisers, the company delivers in-store product stocking, planogram compliance, retail audits and promotional installations. SPAR Group’s field teams work directly in grocery, pharmacy, big‐box and convenience channels to ensure optimal product placement and availability at the point of sale.

Beyond traditional merchandising, SPAR Group offers retail data collection and analytics to help clients monitor shelf conditions, pricing accuracy and inventory levels across multiple retail outlets.