SPAR Group (NASDAQ:SGRP) Stock Crosses Below 200-Day Moving Average – Time to Sell?

SPAR Group, Inc. (NASDAQ:SGRP) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.86 and traded as low as $0.5010. SPAR Group shares last traded at $0.5175, with a volume of 19,957 shares.

SPAR Group Trading Down 2.5%

The firm has a market capitalization of $12.49 million, a PE ratio of -0.50 and a beta of 0.19. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 2.06. The business has a fifty day moving average price of $0.72 and a two-hundred day moving average price of $0.86.

SPAR Group (NASDAQ:SGRP) last posted its quarterly earnings data on Tuesday, March 31st. The business services provider reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.41). The company had revenue of $22.02 million for the quarter, compared to analysts’ expectations of $40.00 million. SPAR Group had a negative return on equity of 66.43% and a negative net margin of 18.09%.During the same period in the previous year, the business posted ($0.24) EPS. Analysts expect that SPAR Group, Inc. will post 0.09 EPS for the current fiscal year.

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.