Sage Investment Counsel LLC Makes New $29,000 Investment in SPAR Group, Inc. (NASDAQ:SGRP)

Sage Investment Counsel LLC bought a new stake in shares of SPAR Group, Inc. (NASDAQ:SGRP) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,000 shares of the business services provider’s stock, valued at approximately $29,000. Sage Investment Counsel LLC owned 0.06% of SPAR Group at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Oddo BHF Asset Management Sas bought a new stake in shares of SPAR Group during the third quarter valued at approximately $81,000. Geode Capital Management LLC raised its position in SPAR Group by 35.0% during the 3rd quarter. Geode Capital Management LLC now owns 136,691 shares of the business services provider’s stock valued at $335,000 after purchasing an additional 35,450 shares in the last quarter. Murchinson Ltd. bought a new stake in SPAR Group during the 3rd quarter valued at $196,000. Finally, Corsair Capital Management L.P. lifted its holdings in shares of SPAR Group by 3,205,200.0% in the 3rd quarter. Corsair Capital Management L.P. now owns 64,106 shares of the business services provider’s stock worth $157,000 after buying an additional 64,104 shares during the period. 9.57% of the stock is owned by hedge funds and other institutional investors.

SPAR Group Stock Performance

Shares of SPAR Group stock opened at $1.57 on Friday. 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 stock’s fifty day moving average price is $1.89 and its 200-day moving average price is $2.10. The firm has a market cap of $36.82 million, a P/E ratio of 3.08 and a beta of 0.68. SPAR Group, Inc. has a 12 month low of $0.97 and a 12 month high of $3.12.

SPAR Group Company 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.