IAM Advisory LLC purchased a new stake in shares of SPAR Group, Inc. (NASDAQ:SGRP – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 13,393 shares of the business services provider’s stock, valued at approximately $32,000.
SPAR Group Price Performance
NASDAQ:SGRP traded down $0.05 on Friday, reaching $1.93. 56,952 shares of the company’s stock traded hands, compared to its average volume of 101,025. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.21. The stock has a 50-day simple moving average of $2.17 and a 200-day simple moving average of $1.70. The firm has a market cap of $46.96 million, a PE ratio of 4.71 and a beta of 0.57. SPAR Group, Inc. has a 12 month low of $0.70 and a 12 month high of $3.12.
SPAR Group (NASDAQ:SGRP – Get Free Report) last posted its quarterly earnings results on Wednesday, May 15th. The business services provider reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.08. The business had revenue of $68.69 million for the quarter, compared to analysts’ expectations of $48.00 million. SPAR Group had a return on equity of 13.08% and a net margin of 3.62%. Equities research analysts forecast that SPAR Group, Inc. will post 0.09 earnings per share for the current year.
Insider Activity
SPAR Group Profile
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.
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