Spartan Motors News

The firm currently has a $6.50 target price on the stock. Spartan Motors traded down 2.44% on Wednesday, hitting $4.80. Spartan Motors has a 52-week low of $3.65 and a 52-week high of $6.67. The company has a market cap of $161.4 million and a price-to-earnings ratio of 246.00. The company last announced its quarterly results on Tuesday, May 1st.

Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month.

Charlotte, Mich.-based Spartan Motors Inc. today reported a 25% increase in revenue for its first quarter while the company incurred a net loss, primarily due to restructuring costs from its Utilimaster Corp.

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Spartan Motors Inc. today announced that its board has declared a semi-annual cash dividend of $0.05 per share of common stock.