SPAR Group Inc (SGRP) Major Shareholder Robert G/ Brown Sells 53,040 Shares
SPAR Group Inc (NASDAQ:SGRP) major shareholder Robert G/ Brown sold 53,040 shares of the company’s 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 accessible through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of SPAR Group stock traded down $0.04 during trading on Friday, hitting $0.65. The company’s stock had a trading volume of 42,910 shares, compared to its average volume of 117,805. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.33 and a quick ratio of 1.33. The firm has a market cap of $14.51 million, a price-to-earnings ratio of 14.05 and a beta of 0.26. SPAR Group Inc has a 52 week low of $0.65 and a 52 week high of $3.75.
SPAR Group (NASDAQ:SGRP) last issued its quarterly earnings results on Monday, November 19th. The business services provider reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $58.39 million during the quarter. SPAR Group had a negative net margin of 1.03% and a positive return on equity of 4.21%.
ILLEGAL ACTIVITY WARNING: This report was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/spar-group-inc-sgrp-major-shareholder-robert-g-brown-sells-53040-shares/2668069.html.
About SPAR Group
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.
Further Reading: What is a Swap?
Receive News & Ratings for SPAR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPAR Group and related companies with MarketBeat.com's FREE daily email newsletter.