With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.24 million shares. During the session, the Specialty Business Services company that operates in wider Industrials sector, reached to the highest price of $2.43 whereas the lowest price it dropped to was $2.39. The 52-week range on SGRP shows that it touched its highest point at $3.12 and its lowest point at $0.70 during that stretch. It currently has a 1-year price target of $7.00. Beta for the stock currently stands at 0.53.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SGRP was up-trending over the past week, with a rise of 64.83%, but this was up by 20.10% over a month. Three-month performance surged to 12.74% while six-month performance rose 132.04%. The stock gained 119.27% in the past year, while it has gained 136.63% so far this year. A look at the trailing 12-month EPS for SGRP yields 0.53 with Next year EPS estimates of 0.12. For the next quarter, that number is 0.02. This implies an EPS growth rate of 119.05% for this year and -73.91% for next year.
Float and Shares Shorts:
At present, 23.45 million SGRP shares are outstanding with a float of 10.53 million shares on hand for trading. On 2024-08-15, short shares totaled 64853.0, which was 27.999999999999996 higher than short shares on 1721001600. In addition to Mr. Michael R. Matacunas as the firm’s President, CEO & Director, Mr. William H. Bartels serves as its Co-Founder & Director.
Institutional Ownership:
Through their ownership of 0.11399999 of SGRP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SGRP reported revenue of $57290000.0 and operating income of $974000.0. The EBITDA in the recently reported quarter was $1882000.0 and diluted EPS was $0.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SGRP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
