Sacks Parente Golf Inc (NASDAQ: SPGC) kicked off on Friday, down -37.76% from the previous trading day, before settling in for the closing price of $0.90. Over the past 52 weeks, SPGC has traded in a range of $0.26-$9.17.
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Annual sales at Consumer Cyclical sector company grew by 29.52% over the past five years. With a float of $1.54 million, this company’s outstanding shares have now reached $14.60 million.
Let’s look at the performance matrix of the company that is accounted for 18 employees. In terms of profitability, gross margin is 55.76%, operating margin of -219.27%, and the pretax margin is -210.64%.
Sacks Parente Golf Inc (SPGC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Leisure Industry. The insider ownership of Sacks Parente Golf Inc is 15.79%, while institutional ownership is 50.84%. The most recent insider transaction that took place on Dec 30 ’24, was worth 9,000. In this transaction Executive Chairman of this company bought 25,000 shares at a rate of $0.36, taking the stock ownership to the 103,337 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Director bought 25,000 for $1.20, making the entire transaction worth $30,000. This insider now owns 211,014 shares in total.
Sacks Parente Golf Inc (SPGC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Sacks Parente Golf Inc (NASDAQ: SPGC) Trading Performance Indicators
Take a look at Sacks Parente Golf Inc’s (SPGC) current performance indicators. Last quarter, stock had a quick ratio of 2.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.94, a number that is poised to hit -0.30 in the next quarter
Technical Analysis of Sacks Parente Golf Inc (SPGC)
Sacks Parente Golf Inc (NASDAQ: SPGC) saw its 5-day average volume 39.35 million, a positive change from its year-to-date volume of 10.68 million. As of the previous 9 days, the stock’s Stochastic %D was 67.25%. Additionally, its Average True Range was 0.14.
During the past 100 days, Sacks Parente Golf Inc’s (SPGC) raw stochastic average was set at 8.01%, which indicates a significant decrease from 35.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 349.34% in the past 14 days, which was higher than the 288.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7905, while its 200-day Moving Average is $3.1183. Nevertheless, the first resistance level for the watch stands at $0.7219 in the near term. At $0.8827, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9779. If the price goes on to break the first support level at $0.4659, it is likely to go to the next support level at $0.3707. Assuming the price breaks the second support level, the third support level stands at $0.2099.
Sacks Parente Golf Inc (NASDAQ: SPGC) Key Stats
The company with the Market Capitalisation of 5.00 million has total of 1,826K Shares Outstanding. Its annual sales at the moment are 350 K in contrast with the sum of -4,630 K annual income. Company’s last quarter sales were recorded 1,210 K and last quarter income was -1,060 K.
