Today, The Bowser Report issued a daily mover alert on Repro-Med Systems (REPR), which gained more than 10% today, and Spar Group (SGRP), which fell more than 10% today
REPR moved more than 10% on very light volume compared to its three month average. Therefore, this move may not sustain.
In any case, REPR is one of our highest rated companies, with a Bowser Rating of 10, earning a spot in Category 1. The company’s most recent quarter included a 26% year-over-year increase in sales, and a 65% increase in net income over the same period.
With it’s high Bowser Rating, you might consider adding REPR to your portfolio. However, keep in mind that the company is not known to move too well. So at $0.38, the downside is a bit greater than the upside based on historical price movement.
SGRP is not a stranger to volatile moves, trading an average of just 4,228 shares per day over the past three months. Today’s move comes on over four times that volume with no news. The stock fell more as the day progressed.
Currently, with a Bowser Rating of 7, SGRP is in Category 3. The most recent quarter continued the company’s trend of declining financials, with a 9% decrease in sales and an 81% decrease in earnings.
No new positions in SGRP are suggested at this time due to the company’s low Bowser Rating as a result of its poor financials. Investors currently holding SGRP should continue to follow the Game Plan with regard to selling.
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