Surge Component (OTCMKTS:SPRS) Shares Down 2.4% – What’s Next?

Shares of Surge Component (OTCMKTS:SPRSGet Free Report) dropped 2.4% during mid-day trading on Tuesday . The company traded as low as $3.50 and last traded at $3.60. Approximately 2,301 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 1,484 shares. The stock had previously closed at $3.69.

Surge Component Stock Performance

The company has a 50 day simple moving average of $3.51 and a two-hundred day simple moving average of $3.43. The firm has a market cap of $20.90 million, a PE ratio of 19.92 and a beta of 0.33.

Surge Component (OTCMKTS:SPRSGet Free Report) last announced its quarterly earnings data on Tuesday, April 14th. The company reported ($0.01) earnings per share for the quarter. Surge Component had a net margin of 2.80% and a return on equity of 4.98%. The firm had revenue of $8.19 million during the quarter.

About Surge Component

(Get Free Report)

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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