Surge Component (OTCMKTS:SPRS) Posts Quarterly Earnings Results

Surge Component (OTCMKTS:SPRS) posted its earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, Zacks reports. Surge Component had a net margin of 2.80% and a return on equity of 4.98%.

Surge Component Trading Up 11.4%

Surge Component stock traded up $0.43 during trading on Tuesday, hitting $4.22. 4,973 shares of the company were exchanged, compared to its average volume of 3,256. The business’s 50 day moving average is $3.53 and its 200 day moving average is $3.43. Surge Component has a 52 week low of $2.25 and a 52 week high of $4.27. The company has a market capitalization of $24.62 million, a P/E ratio of 23.46 and a beta of 0.33.

Surge Component Company Profile

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.