Sparta Commercial Services (OTCMKTS:SRCO) Issues Quarterly Earnings Results

Sparta Commercial Services (OTCMKTS:SRCO) issued its quarterly earnings data on Thursday. The financial services provider reported ($0.03) earnings per share for the quarter, Zacks reports.

Sparta Commercial Services Stock Performance

Shares of Sparta Commercial Services stock remained flat at $0.09 on Thursday. The stock had a trading volume of 34,000 shares, compared to its average volume of 1,750. The firm has a market capitalization of $4.64 million, a price-to-earnings ratio of -2.12 and a beta of 0.02. The firm’s 50-day simple moving average is $0.09 and its 200-day simple moving average is $0.09. Sparta Commercial Services has a 12-month low of $0.06 and a 12-month high of $0.22.

About Sparta Commercial Services

Sparta Commercial Services, Inc develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. It offers mobile applications for vehicle dealerships, racetracks, private clubs, country clubs, schools and entertainment venues, restaurants, grocery stores, and various other merchant types. The company also owns and manages websites, which sell motorcycle, recreational vehicle, and truck title history reports for consumers, retailers, municipals, nonprofits, auction houses, banks, and insurance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services.