Sparta Commercial Services (OTCMKTS:SRCO) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Sparta Commercial Services, Inc. (OTCMKTS:SRCOGet Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.28 and traded as low as $0.11. Sparta Commercial Services shares last traded at $0.15, with a volume of 196,350 shares changing hands.

Sparta Commercial Services Stock Down 9.8 %

The business has a 50 day moving average price of $0.20 and a two-hundred day moving average price of $0.28. The stock has a market cap of $5.84 million, a P/E ratio of -5.14 and a beta of -0.74.

Sparta Commercial Services (OTCMKTS:SRCOGet Free Report) last posted its quarterly earnings results on Monday, December 23rd. The financial services provider reported ($0.01) earnings per share for the quarter.

About Sparta Commercial Services

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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.

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