Spar Group, Inc. (SGRP): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that SPAR Group Announces Sale of Interest in South Africa and Brazil.

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Stocks Info

This NASDAQ-listed company operates within the Specialty Business Services industry segment, falling under the Industrials sector. The current market capitalization of Spar Group, Inc. is $34.40M. A total of 0.95 million shares were traded on the day, compared to an average of 208.27K shares.

In the most recent transaction, SPAR Business Services Inc sold 443 shares of SGRP for 1.03 per share on Mar 18 ’24. After the transaction, the Affiliated with Robert G Brown now owns 1,215,538 company shares. In a previous transaction on Mar 13 ’24, BROWN ROBERT G/ sold 200 shares at 1.03 per share. SGRP shares that 10% Owner owns now total 3,397,963.

Among the insiders who sold shares, BROWN ROBERT G/ disposed of 500 shares on Mar 11 ’24 at a per-share price of $1.02. This resulted in the 10% Owner holding 3,398,163 shares of SGRP after the transaction. In another insider transaction, SPAR Business Services Inc sold 4,557 shares at $1.10 per share on Feb 27 ’24. Company shares held by the Affiliated with Robert G Brown now total 1,215,981.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SGRP has a high of $1.55 and a low of $0.70.

As of this writing, SGRP has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SGRP’s latest balance sheet shows that the firm has $13.47M in Cash & Short Term Investments as of fiscal 2021. There were $13.52M in debt and $50.21M in liabilities at the time. Its Book Value Per Share was $1.20, while its Total Shareholder’s Equity was $37.35M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SGRP is Buy with a score of 5.00.

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