Sparta Commercial Services (OTCMKTS:SRCO) Issues Quarterly Earnings Results

Sparta Commercial Services (OTCMKTS:SRCO) released its earnings results on Monday. The financial services provider reported ($0.01) EPS for the quarter, Zacks reports. The business had revenue of $0.09 million for the quarter.

Sparta Commercial Services Stock Performance

Shares of OTCMKTS SRCO traded down $0.01 during midday trading on Tuesday, reaching $0.08. The stock had a trading volume of 10,040 shares, compared to its average volume of 35,632. The stock has a 50-day moving average of $0.11 and a 200-day moving average of $0.12. The company has a market capitalization of $4.42 million, a price-to-earnings ratio of -2.09 and a beta of -0.35. Sparta Commercial Services has a 12-month low of $0.07 and a 12-month high of $0.29.

About Sparta Commercial Services

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.