Let’s start up with the current stock price of SPAR Group Inc. (SGRP), which is $1.91 to be very precise. The Stock rose vividly during the last session to $1.9684 after opening rate of $1.77 while the lowest price it went was recorded $1.70 before closing at $1.69.
Recently in News on March 31, 2021, SPAR Group Reports Results for the Fourth Quarter and Twelve Months Ended December 31, 2020. ~ 4Q Earnings per Share Increased 425%~ 4Q Domestic Revenue Increased 11.9%~ Full Year Net Income Increased 39.2% to $3.4 Million. You can read further details here
SPAR Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.0950 on 02/22/21, with the lowest value was $1.0127 for the same time period, recorded on 01/04/21.
SPAR Group Inc. (SGRP) full year performance was 132.93%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, SPAR Group Inc. shares are logging -8.83% during the 52-week period from high price, and 193.85% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.65 and $2.10.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1160851 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the SPAR Group Inc. (SGRP) recorded performance in the market was 66.09%, having the revenues showcasing 56.56% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 38.20M, as it employees total of 805 workers.
Specialists analysis on SPAR Group Inc. (SGRP)
During the last month, 0 analysts gave the SPAR Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.3615, with a change in the price was noted +1.0397. In a similar fashion, SPAR Group Inc. posted a movement of +119.46% for the period of last 100 days, recording 313,377 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SGRP is recording 0.46 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.05.
Trends and Technical analysis: SPAR Group Inc. (SGRP)
Raw Stochastic average of SPAR Group Inc. in the period of last 50 days is set at 77.57%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.90%. In the last 20 days, the company’s Stochastic %K was 67.00% and its Stochastic %D was recorded 56.90%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 66.09%. Additionally, trading for the stock in the period of the last six months notably improved by 133.50%, alongside a boost of 132.93% for the period of the last 12 months. The shares increased approximately by 20.13% in the 7-day charts and went up by 15.06% in the period of the last 30 days. Common stock shares were driven by 56.56% during last recorded quarter.