Surge Component (OTCMKTS:SPRS) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Surge Component (OTCMKTS:SPRSGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.72 and traded as high as $4.20. Surge Component shares last traded at $4.18, with a volume of 14,091 shares trading hands.

Surge Component Stock Performance

The business’s 50 day simple moving average is $3.72 and its 200-day simple moving average is $3.54. The company has a market cap of $24.37 million, a price-to-earnings ratio of 18.17 and a beta of 0.31.

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

About Surge Component

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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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