SPAR Group Inc. (NASDAQ:SGRP) shares fell to a low of $1.75 before closing at $1.80. Intraday shares traded counted 0.37 million, which was -6.29% lower than its 30-day average trading volume of 349.58K. SGRP’s previous close was $1.88 while the outstanding shares total 21.11M. The firm has a beta of 1.34, a 12-month trailing P/E ratio of 52.94. The stock’s Relative Strength Index (RSI) is 70.47, with weekly volatility at 7.92% and ATR at 0.14. The SGRP stock’s 52-week price range has touched low of $0.55 and a $2.01 high. The stock traded lower over the last trading session, losing -4.26% on 02/18/21.
Investors have identified the Specialty Business Services company SPAR Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $37.15 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
SPAR Group Inc. (SGRP) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 67.33 million total, with 47.34 million as their total liabilities.
Is the stock of SGRP attractive?
In related news, Director, Novgorodtsev Igor sold 45,809 shares of the company’s stock in a transaction that recorded on Aug 25. The sale was performed at an average price of 1.11, for a total value of 50,848. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.90%.