Surge Component (OTCMKTS:SPRS) Shares Gap Up – Time to Buy?

Surge Component (OTCMKTS:SPRS)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $2.97, but opened at $3.30. Surge Component shares last traded at $214,748.3647, with a volume of 100 shares traded.

Surge Component Stock Up 2.3%

The stock has a market capitalization of $19.09 million, a PE ratio of 21.83 and a beta of 0.42. The stock has a fifty day moving average of $3.19 and a 200-day moving average of $2.76.

Surge Component (OTCMKTS:SPRS) last posted its quarterly earnings results on Wednesday, October 15th. The company reported $0.08 earnings per share (EPS) for the quarter. Surge Component had a return on equity of 4.49% and a net margin of 2.56%.The company had revenue of $10.27 million for the quarter.

Surge Component Company Profile

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.