Sparta Commercial Services (OTCMKTS:SRCO) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of Sparta Commercial Services, Inc. (OTCMKTS:SRCOGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.28 and traded as low as $0.23. Sparta Commercial Services shares last traded at $0.25, with a volume of 36,825 shares trading hands.

Sparta Commercial Services Stock Performance

The company’s 50-day moving average is $0.19 and its 200 day moving average is $0.28. The company has a market capitalization of $9.68 million, a PE ratio of -8.43 and a beta of -0.70.

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

About Sparta Commercial Services

(Get Free Report)

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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