Surge Component (OTCMKTS:SPRS) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Surge Component (OTCMKTS:SPRSGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.67 and traded as high as $3.86. Surge Component shares last traded at $3.37, with a volume of 5,025 shares changing hands.

Surge Component Stock Performance

The firm’s 50-day simple moving average is $3.67 and its 200-day simple moving average is $3.51. The company has a market capitalization of $19.65 million, a price-to-earnings ratio of 14.65 and a beta of 0.31.

Surge Component (OTCMKTS:SPRSGet Free Report) last issued its earnings results on Tuesday, July 14th. The company reported $0.07 EPS for the quarter. The business had revenue of $9.36 million during the quarter. Surge Component had a return on equity of 6.24% and a net margin of 3.53%.

Surge Component Company Profile

(Get Free Report)

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.

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