Spectrum Global Solutions (OTCMKTS:SGSI) Shares Up 22.3%

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Spectrum Global Solutions Inc (OTCMKTS:SGSI) shot up 22.3% during trading on Wednesday . The stock traded as high as $0.04 and last traded at $0.04, 19,147 shares were traded during mid-day trading. A decline of 74% from the average session volume of 73,358 shares. The stock had previously closed at $0.03.

The firm has a fifty day moving average price of $0.03 and a 200 day moving average price of $0.04.

Spectrum Global Solutions (OTCMKTS:SGSI) last released its quarterly earnings data on Wednesday, November 20th. The company reported ($0.04) EPS for the quarter. The company had revenue of $7.51 million during the quarter. Spectrum Global Solutions had a negative net margin of 4.51% and a negative return on equity of 0.60%.

Spectrum Global Solutions Company Profile (OTCMKTS:SGSI)

Spectrum Global Solutions, Inc provides services and infrastructure solutions to the telecommunications industry, utility entities, and enterprises sectors primarily in Canada, the United States, Puerto Rico, Guam, and the Caribbean. The company's engineering, design, construction, installation, and maintenance services support the build-out, maintenance, upgrade, and operation of fiber optic, Ethernet, copper, wireless, wireline, utility, and enterprise networks.

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