The stock of Spar Group, Inc. (SGRP) has seen a -8.62% decrease in the past week, with a 55.88% gain in the past month, and a 50.00% flourish in the past quarter. The volatility ratio for the week is 6.03%, and the volatility levels for the past 30 days are at 9.61% for SGRP. The simple moving average for the past 20 days is -3.51% for SGRP’s stock, with a 44.31% simple moving average for the past 200 days.
Is It Worth Investing in Spar Group, Inc. (NASDAQ: SGRP) Right Now?
Spar Group, Inc. (NASDAQ: SGRP) has a higher price-to-earnings ratio of 9.52x compared to its average ratio. SGRP has 36-month beta value of 0.46. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SGRP is 9.08M, and currently, short sellers hold a 0.76% ratio of that float. The average trading volume of SGRP on April 26, 2024 was 289.46K shares.
SGRP) stock’s latest price update
The stock price of Spar Group, Inc. (NASDAQ: SGRP) has dropped by -9.14 compared to previous close of 1.75. Despite this, the company has seen a fall of -8.62% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-01 that SPAR Group, Inc. (SGRP) Q4 2023 Earnings Call Transcript
SGRP Trading at 24.57% from the 50-Day Moving Average
After a stumble in the market that brought SGRP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.29% of loss for the given period.
Volatility was left at 9.61%, however, over the last 30 days, the volatility rate increased by 6.03%, as shares surge +51.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.00% upper at present.
During the last 5 trading sessions, SGRP fell by -8.62%, which changed the moving average for the period of 200-days by +25.20% in comparison to the 20-day moving average, which settled at $1.6750. In addition, Spar Group, Inc. saw 57.43% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SGRP starting from SPAR Business Services Inc, who sale 150,000 shares at the price of $1.38 back on Apr 01 ’24. After this action, SPAR Business Services Inc now owns 1,065,538 shares of Spar Group, Inc., valued at $206,252 using the latest closing price.
BROWN ROBERT G/, the 10% Owner of Spar Group, Inc., sale 50,000 shares at $1.35 during a trade that took place back on Apr 01 ’24, which means that BROWN ROBERT G/ is holding 3,257,963 shares at $67,500 based on the most recent closing price.
Stock Fundamentals for SGRP
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.21 for the gross margin
The net margin for Spar Group, Inc. stands at 0.02. The total capital return value is set at 0.23. Equity return is now at value 15.40, with 4.18 for asset returns.
Based on Spar Group, Inc. (SGRP), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.79. The interest coverage ratio of the stock is 5.11.
Currently, EBITDA for the company is 12.68 million with net debt to EBITDA at 0.96. When we switch over and look at the enterprise to sales, we see a ratio of 0.19. The receivables turnover for the company is 4.4for trailing twelve months and the total asset turnover is 2.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
To put it simply, Spar Group, Inc. (SGRP) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
