SPAR Group (NASDAQ:SGRP) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Posted by Stacy Sanders on Mar 23rd, 2025

SPAR Group, Inc. (NASDAQ:SGRP – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.07 and traded as low as $1.36. SPAR Group shares last traded at $1.37, with a volume of 51,509 shares changing hands.

SPAR Group Stock Up 0.7 %

The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.06. The firm has a market cap of $32.13 million, a PE ratio of 2.69 and a beta of 0.75. The business’s 50-day simple moving average is $1.73 and its 200 day simple moving average is $2.06.

Hedge Funds Weigh In On SPAR Group

Several institutional investors and hedge funds have recently bought and sold shares of SGRP. Sage Investment Counsel LLC purchased a new stake in shares of SPAR Group during the 4th quarter valued at $29,000. Northern Trust Corp purchased a new stake in shares of SPAR Group during the 4th quarter valued at $39,000. Oddo BHF Asset Management Sas purchased a new stake in shares of SPAR Group during the 3rd quarter valued at $81,000. Virtu Financial LLC purchased a new stake in shares of SPAR Group during the 4th quarter valued at $105,000. Finally, Corsair Capital Management L.P. lifted its holdings in shares of SPAR Group by 3,205,200.0% during the 3rd quarter. Corsair Capital Management L.P. now owns 64,106 shares of the business services provider’s stock valued at $157,000 after purchasing an additional 64,104 shares during the last quarter. 9.57% of the stock is owned by hedge funds and other institutional investors.

SPAR Group Company Profile

(Get Free Report)

SPAR Group, Inc, together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, Middle East, and Africa. The company offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as well as category management and set up services comprising category and product resets; planogram maintenance; display and shelf services; and point of purchase installation and management.