Surge Component (OTCMKTS:SPRS) Announces Earnings Results

Surge Component (OTCMKTS:SPRS) posted its earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, Zacks reports. Surge Component had a return on equity of 4.98% and a net margin of 2.80%.

Surge Component Stock Performance

Shares of OTCMKTS SPRS traded up $0.43 during midday trading on Tuesday, hitting $4.22. 4,973 shares of the company’s stock traded hands, compared to its average volume of 3,256. The firm has a fifty day moving average of $3.53 and a 200 day moving average of $3.43. Surge Component has a 1 year low of $2.25 and a 1 year high of $4.27. The stock has a market capitalization of $24.62 million, a price-to-earnings ratio of 23.46 and a beta of 0.33.

About Surge Component

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.