Sacks Parente Golf Inc (NASDAQ: SPGC) kicked off on Monday, down -9.34% from the previous trading day, before settling in for the closing price of $0.18. Over the past 52 weeks, SPGC has traded in a range of $0.10-$6.69.
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Annual sales at Consumer Cyclical sector company grew by 29.52% over the past five years. While this was happening, its average annual earnings per share was recorded 87.50%. With a float of $7.51 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 and Institutional Ownership
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 13.75%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 87.50% per share during the next 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 0.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.94 and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of Sacks Parente Golf Inc (SPGC)
Sacks Parente Golf Inc (NASDAQ: SPGC) saw its 5-day average volume 40.94 million, a positive change from its year-to-date volume of 20.49 million. As of the previous 9 days, the stock’s Stochastic %D was 10.40%. Additionally, its Average True Range was 0.15.
During the past 100 days, Sacks Parente Golf Inc’s (SPGC) raw stochastic average was set at 3.00%, which indicates a significant decrease from 7.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 362.49% in the past 14 days, which was higher than the 332.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4570, while its 200-day Moving Average is $2.5981. Nevertheless, the first resistance level for the watch stands at $0.1749 in the near term. At $0.1896, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.1995. If the price goes on to break the first support level at $0.1503, it is likely to go to the next support level at $0.1404. The third support level lies at $0.1257 if the price breaches the second support level.
Sacks Parente Golf Inc (NASDAQ: SPGC) Key Stats
The company with the Market Capitalisation of 1.43 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.
