Spartan Motors Inc (NASDAQ:SPAR) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 5, 2016
Having a price of $9.75, Spartan Motors Inc (NASDAQ:SPAR) traded 0.10% higher on the day. With the last close up 39.37% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Spartan Motors Inc has recorded a 50-day average of $9.50 and a two hundred day average of $7.00. Volume of trade was down over the average, with 209,347 shares of SPAR changing hands under the typical 317,849
Zacks Investment Research has downgraded Spartan Motors Inc (NASDAQ:SPAR) to Hold in a statement released on 10/06/2016.
On 7/26/2016, Craig Hallum released a statement on Spartan Motors Inc (NASDAQ:SPAR) upped the target price from $0.00 to $12.00 that suggested an upside of 0.51%.
With a total market value of $0, Spartan Motors Inc has with a one year low of $2.61 and a one year high of $10.50 .
Brief Synopsis On Spartan Motors Inc (NASDAQ:SPAR)
Spartan Motors, Inc. is an engineer and manufacturer in the heavy-duty, custom vehicles marketplace. The Company operates through three segments: Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles. The Company's Emergency Response Vehicles segment engineers and manufactures emergency response chassis, emergency response bodies and aerial equipment. The Delivery and Service Vehicles segment manufactures delivery and service vehicles through the Company's subsidiary, Utilimaster Corporation (Utilimaster). The Company's Specialty Chassis and Vehicles segment consists of the operations of Spartan Motors Chassis, Inc. (Spartan Chassis) that engineer and manufacture motor home chassis, defense vehicles and other specialty chassis, and distribute related aftermarket parts and assemblies. The Company markets its products under brands, such as Spartan ERV, Aeromaster, Trademaster, Metromaster and Utilivan.
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