Sacks Parente Golf Inc (NASDAQ:SPGC) traded at $0.34 at last check on current trade day and made a downward move of -23.83% on its previous day’s price.
Looking at the stock we see that its previous close was $0.45 with the day’s price range being $0.3121 – $0.42. In terms of its 52-week price range, SPGC has a high of $9.17 and a low of $0.26. The company’s stock has lost about -79.13% over that past 30 days.
Sacks Parente Golf Inc has a market cap of $3.03 million and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 1.05M, with a low of 1.05M and a high of 1.05M.
On the other hand, looking at the outlook for the SPGC stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -29.17% off its SMA20 and -72.22% from its 50-day simple moving average. The RSI (14) is pointing at 28.10 while the volatility over the past week is 27.04% and jumps to 21.38% over the past one month. The beta value is 3.83, while the average true range (ATR) is currently pointing at 0.13.
Coming back to Sacks Parente Golf Inc (NASDAQ:SPGC), we note that the average 3-month trading volume was 1.35 million, while that of the preceding 10-day period stands at 2.28 million. Current shares outstanding are 14.60 million.
The insiders hold 57.22% of the company’s shares while institutions hold 0.49%. The data shows that short shares as of 2024-10-31, stood at 35213.0 at a short ratio of 0.19. This represents a 309.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 9554.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -19.00% down in year-to-date price movement.
