Grow Capital (OTCMKTS:GRWC) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Grow Capital, Inc. (OTCMKTS:GRWC)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.22 and traded as low as $0.0712. Grow Capital shares last traded at $0.0712, with a volume of 632 shares changing hands.

Grow Capital Trading Up 18.7%

The stock has a market capitalization of $10.86 million, a PE ratio of -2.37 and a beta of 28.49. The business’s 50 day moving average is $0.24 and its 200 day moving average is $0.22.

Grow Capital (OTCMKTS:GRWC) last posted its quarterly earnings results on Wednesday, May 20th. The financial services provider reported ($0.01) EPS for the quarter. The company had revenue of $1.10 million for the quarter.

About Grow Capital

Grow Capital, Inc operates in the financial technology sector. It provides software, technology, and services to financial services firms and advisors. The company's software suite delivers customized back office compliance, multi-pay commission processing, and new client application submission system, as well as digital engagement marketing services centric to financial services. It also provides software customization, licensing, and subscription service contracts, as well as ongoing customization and maintenance services; and ad hoc services, including web hosting, website development, and other complementary professional services.