Sacks Parente Golf Inc (SPGC) latest performance of 12.46% is not what was on cards

As on Wednesday, Sacks Parente Golf Inc (NASDAQ: SPGC) got off with the flyer as it spiked 12.46% to $0.68, before settling in for the price of $0.60 at the close. Taking a more long-term approach, SPGC posted a 52-week range of $0.26-$9.10.

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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 29.52%. This publicly-traded company’s shares outstanding now amounts to $14.60 million, simultaneously with a float of $1.54 million. The organization now has a market capitalization sitting at $6.03 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7350, while the 200-day Moving Average is $3.0531.

Sacks Parente Golf Inc (SPGC) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Leisure industry. Sacks Parente Golf Inc’s current insider ownership accounts for 15.79%, in contrast to 50.84% institutional ownership. According to the most recent insider trade that took place on Dec 30 ’24, this organization’s Executive Chairman bought 25,000 shares at the rate of 0.36, making the entire transaction reach 9,000 in total value, affecting insider ownership by 103,337. Preceding that transaction, on Dec 13 ’24, Company’s Director bought 25,000 for 1.20, making the whole transaction’s value amount to 30,000. This particular insider is now the holder of 211,014 in total.

Sacks Parente Golf Inc (SPGC) Earnings and Revenue Records

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

Let’s observe the current performance indicators for Sacks Parente Golf Inc (SPGC). It’s Quick Ratio in the last reported quarter now stands at 2.69. The Stock has managed to achieve an average true range (ATR) of 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.42.

In the same vein, SPGC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.94, a figure that is expected to reach -0.30 in the next quarter.

Technical Analysis of Sacks Parente Golf Inc (SPGC)

Through scrutinizing the latest numbers posted by the [Sacks Parente Golf Inc, SPGC], it can be observed that its last 5-days Average volume of 30.49 million was better the volume of 9.96 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 44.45% While, its Average True Range was 0.1628.

Raw Stochastic average of Sacks Parente Golf Inc (SPGC) in the period of the previous 100 days is set at 11.11%, which indicates a major fall in contrast to 49.44% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 347.96% that was higher than 289.54% volatility it exhibited in the past 100-days period.