Sparta Commercial Services (OTCMKTS:SRCO) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.12 and traded as low as $0.1158. Sparta Commercial Services shares last traded at $0.12, with a volume of 100,000 shares traded.

Sparta Commercial Services Price Performance

The stock has a fifty day moving average price of $0.12 and a two-hundred day moving average price of $0.12. The company has a market cap of $5.48 million, a P/E ratio of -3.00 and a beta of -0.40.

Sparta Commercial Services (OTCMKTS:SRCO) last posted its earnings results on Friday, December 19th. The financial services provider reported ($0.01) EPS for the quarter. The company had revenue of $0.10 million during the quarter.

Sparta Commercial Services Company Profile

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. The company also owns and manages websites, which sell motorcycle, recreational vehicle, and truck title history reports for consumers, retailers, municipals, nonprofits, auction houses, banks, and insurance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services.