Sparton Corp. (SPA) Trading 1.3% Higher
Sparton Corp. (NYSE:SPA) shares traded up 1.3% on Friday . The stock traded as high as $24.25 and last traded at $23.39, with a volume of 62,275 shares. The stock had previously closed at $23.08.
Several research analysts have weighed in on the company. Zacks Investment Research raised Sparton Corp. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 12th. Sidoti downgraded Sparton Corp. from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 4th. Finally, B. Riley reiterated a “neutral” rating and set a $15.00 price target on shares of Sparton Corp. in a research note on Thursday, May 5th.
The company has a market capitalization of $230.82 million and a P/E ratio of 26.41. The stock has a 50 day moving average of $22.04 and a 200-day moving average of $19.35.
Sparton Corporation, through its subsidiaries, provides design, development and manufacturing services for complex electromechanical devices, as well as sophisticated engineered products. The Company operates in two segments: Manufacturing & Design Services (MDS) and Engineered Components & Products (ECP).
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