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Spar Group Appoints New Directors Amid Highwire Plans

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Protect Your Portfolio Against Market Uncertainty

Spar Group ( (SGRP) ) has issued an update.

On May 6, 2025, the Board of Directors of SGRP appointed Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos to fill the vacant Brown Board Seats, as nominated by Mr. Robert G. Brown under the CIC Agreement. This move comes ahead of the company’s planned Highwire transaction and a potential shareholder meeting on June 12, 2025, highlighting the Board’s commitment to fulfilling its obligations under the agreement.

Spark’s Take on SGRP Stock

According to Spark, TipRanks’ AI Analyst, SGRP is a Neutral.

Spar Group’s overall stock score reflects a mix of strong valuation and improved financial metrics against a backdrop of revenue decline and weak technical indicators. The low P/E ratio suggests undervaluation, but challenges in cash flow generation and lack of earnings call insights temper enthusiasm.

To see Spark’s full report on SGRP stock, click here.

More about Spar Group

Average Trading Volume: 62,596

Technical Sentiment Signal: Sell

Current Market Cap: $23.92M

Learn more about SGRP stock on TipRanks’ Stock Analysis page.

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