SPAR Group (SGRP) Posts Quarterly Earnings Results
SPAR Group (NASDAQ:SGRP) issued its quarterly earnings data on Monday. The business services provider reported $0.03 EPS for the quarter, Bloomberg Earnings reports. SPAR Group had a negative net margin of 1.25% and a positive return on equity of 2.79%. The firm had revenue of $58.39 million for the quarter.
Shares of SGRP stock opened at $0.90 on Tuesday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.44. SPAR Group has a one year low of $0.83 and a one year high of $3.75. The company has a market capitalization of $17.35 million, a PE ratio of 28.00 and a beta of 0.32.
Separately, TheStreet lowered shares of SPAR Group from a “c-” rating to a “d+” rating in a report on Thursday, September 6th.
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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