SPAR Group Inc (NASDAQ:SGRP) major shareholder Robert G/ Brown sold 53,040 shares of the stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $0.71, for a total transaction of $37,658.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of NASDAQ:SGRP traded down $0.01 during trading on Thursday, reaching $0.70. The company had a trading volume of 51,336 shares, compared to its average volume of 117,937. The firm has a market capitalization of $14.51 million, a price-to-earnings ratio of 14.05 and a beta of 0.26. SPAR Group Inc has a 12 month low of $0.70 and a 12 month high of $3.75. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.33 and a quick ratio of 1.33.
SPAR Group (NASDAQ:SGRP) last issued its quarterly earnings results on Monday, November 19th. The business services provider reported $0.03 EPS for the quarter. The firm had revenue of $58.39 million for the quarter. SPAR Group had a negative net margin of 1.03% and a positive return on equity of 4.21%.
Separately, TheStreet lowered shares of SPAR Group from a “c-” rating to a “d+” rating in a report on Thursday, September 6th.
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SPAR Group Company Profile
SPAR Group, Inc, together with its subsidiaries, provides merchandising and marketing services worldwide. The company's syndicated services include product reordering and replenishment; ensuring its products for distribution; adding new products; implementing store planogram schematics; setting product category shelves; ensuring that product shelf tags are in place; checking for salability of the clients' products; placing new product and promotional items in prominent positions; and kiosk replenishment and maintenance services for retailers, manufacturers, and distributors.
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