On Friday, Sacks Parente Golf Inc (NASDAQ: SPGC) was -19.67% drop from the session before settling in for the closing price of $0.58. A 52-week range for SPGC has been $0.26 – $8.90.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 29.52%. With a float of $1.54 million, this company’s outstanding shares have now reached $14.60 million.
Considering the fact that the conglomerate employs 18 people, you should pay attention to its efficiency factor. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sacks Parente Golf Inc stocks. 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) Earnings and Forecasts
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
You can see what Sacks Parente Golf Inc (SPGC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67.
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)
Compared to the last year’s volume of 9.35 million, its volume of 4.05 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 36.39%. 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 5.45%, which indicates a significant decrease from 23.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 375.39% in the past 14 days, which was higher than the 292.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6919, while its 200-day Moving Average is $3.0109. Nevertheless, the first resistance level for the watch stands at $0.5396 in the near term. At $0.6132, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6580. If the price goes on to break the first support level at $0.4212, it is likely to go to the next support level at $0.3764. Should the price break the second support level, the third support level stands at $0.3028.
Sacks Parente Golf Inc (NASDAQ: SPGC) Key Stats
There are 1,826K outstanding shares of the company, which has a market capitalization of 4.15 million. As of now, sales total 350 K while income totals -4,630 K. Its latest quarter income was 1,210 K while its last quarter net income were -1,060 K.
