Surge Component (OTCMKTS:SPRS) Trading Up 9.7% – Here’s What Happened

by · The Markets Daily

Surge Component (OTCMKTS:SPRS – Get Free Report) rose 9.7% during mid-day trading on Friday . The company traded as high as $3.20 and last traded at $3.16. Approximately 9,162 shares traded hands during trading, an increase of 439% from the average daily volume of 1,699 shares. The stock had previously closed at $2.88.

Surge Component Trading Up 9.7%

The firm has a market capitalization of $18.42 million, a P/E ratio of 21.07 and a beta of 0.42. The business has a 50 day moving average of $3.00 and a 200-day moving average of $2.62.

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

Surge Component Company Profile

(Get Free Report)

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.

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