Surge Component (OTCMKTS:SPRS – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 363 shares, an increase of 236.1% from the September 15th total of 108 shares. Based on an average trading volume of 3,220 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Surge Component Stock Performance
Shares of SPRS stock remained flat at $3.99 on Friday. 10 shares of the stock were exchanged, compared to its average volume of 2,101. Surge Component has a twelve month low of $2.59 and a twelve month high of $4.30. The company has a market cap of $23.30 million, a P/E ratio of 17.35 and a beta of 0.33. The firm has a 50-day moving average of $3.97 and a 200-day moving average of $3.71.
Surge Component (OTCMKTS:SPRS – Get Free Report) last issued its earnings results on Tuesday, July 14th. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $9.36 million during the quarter. Surge Component had a return on equity of 6.24% and a net margin of 3.53%.
About Surge Component
Surge Components, Inc (OTCMKTS:SPRS) is a distributor of electronic components and related products. The company supplies components used in the manufacture, repair and maintenance of electronic equipment and electrical systems.
Its product offerings have included capacitors, resistors, inductors, circuit-protection devices, connectors, switches, relays, batteries, wire and cable, and other electromechanical components. Surge Components serves original equipment manufacturers, contract manufacturers, distributors and other commercial customers.
The company has historically operated in the electronic-component distribution industry and has served customers in the United States and international markets.
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