Surge Component (OTCMKTS:SPRS) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of Surge Component (OTCMKTS:SPRSGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.67 and traded as high as $3.86. Surge Component shares last traded at $3.37, with a volume of 5,025 shares trading hands.

Surge Component Trading Down 14.0%

The firm has a market cap of $19.65 million, a P/E ratio of 14.65 and a beta of 0.31. The firm’s 50 day moving average is $3.67 and its two-hundred day moving average is $3.51.

Surge Component (OTCMKTS:SPRSGet Free Report) last issued its earnings results on Tuesday, July 14th. The company reported $0.07 EPS for the quarter. The firm had revenue of $9.36 million during the quarter. Surge Component had a net margin of 3.53% and a return on equity of 6.24%.

Surge Component Company Profile

(Get Free Report)

Surge Components, Inc, together with its subsidiaries, supplies electronic products and components. It offers capacitors, which are electrical energy storage devices; and discrete semiconductor components, such as rectifiers, transistors, diodes, circuit protection devices, and audible components comprising audible transducers, Piezo buzzers, speakers, and microphones. The company also provides resonators, alarms, chimes, filters, and discriminators, as well as fuses, printed circuit boards, and switches.

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