SPAR Group Inc (NASDAQ:SGRP) major shareholder Robert G/ Brown sold 53,040 shares of SPAR Group stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $0.71, for a total transaction of $37,658.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
SGRP stock opened at $0.68 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.33 and a quick ratio of 1.33. SPAR Group Inc has a one year low of $0.65 and a one year high of $3.75. The firm has a market cap of $14.36 million, a price-to-earnings ratio of 13.90 and a beta of 0.26.
SPAR Group (NASDAQ:SGRP) last released its quarterly earnings data on Monday, November 19th. The business services provider reported $0.03 EPS for the quarter. SPAR Group had a negative net margin of 1.03% and a positive return on equity of 4.21%. The firm had revenue of $58.39 million during the quarter.
Separately, TheStreet cut shares of SPAR Group from a “c-” rating to a “d+” rating in a research report on Thursday, September 6th.
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SPAR Group Company Profile
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.
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