Surge Components (OTCMKTS:SPRS) Stock Crosses Below 50 Day Moving Average of $2.30

Surge Components, Inc. (OTCMKTS:SPRS)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.30 and traded as low as $2.28. Surge Components shares last traded at $2.32, with a volume of 1,206 shares trading hands.

Surge Components Stock Down 0.4 %

The business has a 50-day moving average price of $2.30 and a 200-day moving average price of $2.57. The firm has a market capitalization of $13.14 million, a price-to-earnings ratio of 25.67 and a beta of 0.92.

Surge Components (OTCMKTS:SPRS) last posted its quarterly earnings results on Monday, July 15th. The company reported $0.03 earnings per share for the quarter. Surge Components had a net margin of 0.57% and a return on equity of 0.96%. The company had revenue of $7.35 million for the quarter.

About Surge Components

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.