Surge Components (OTCMKTS:SPRS) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Surge Components, Inc. (OTCMKTS:SPRSGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.34 and traded as low as $2.21. Surge Components shares last traded at $2.21, with a volume of 2,954 shares traded.

Surge Components Stock Down 1.8 %

The stock has a market capitalization of $12.33 million, a P/E ratio of 24.56 and a beta of 0.85. The company has a fifty day moving average price of $2.30 and a 200-day moving average price of $2.34.

Surge Components (OTCMKTS:SPRSGet Free Report) last posted its earnings results on Tuesday, October 15th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $7.97 million during the quarter. Surge Components had a net margin of 1.61% and a return on equity of 2.60%.

About Surge Components

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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.

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