At the time of writing, Sacks Parente Golf Inc [SPGC] stock is trading at $2.04, up 16.04%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SPGC shares have gain 12.09% over the last week, with a monthly amount drifted -34.41%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
For the past year, the stock price of Sacks Parente Golf Inc fluctuated between $1.62 and $12.10. Sacks Parente Golf Inc [NASDAQ: SPGC] shares were valued at $2.04 at the most recent close of the market.
Analyzing the SPGC fundamentals
According to Sacks Parente Golf Inc [NASDAQ:SPGC], the company’s sales were 1.38M for trailing twelve months, which represents an 1629.79% jump. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -4.03%, Pretax Profit Margin comes in at -3.92%, and Net Profit Margin reading is -3.92%. To continue investigating profitability, this company’s Return on Assets is posted at -1.27, Equity is -0.99 and Total Capital is -1.5. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7200 points at the first support level, and at 1.4000 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2300, and for the 2nd resistance point, it is at 2.4200.
Ratios To Look Out For
It is important to note that Sacks Parente Golf Inc [NASDAQ:SPGC] has a current ratio of 6.87. As well, the Quick Ratio is 5.95, while the Cash Ratio is 5.33. Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 0.82.
Transactions by insiders
Recent insider trading involved Hoge Brett Widney, Director, that happened on Aug 09 ’24 when 12994.0 shares were purchased. Director, Hoge Brett Widney completed a deal on Aug 08 ’24 to buy 6.0 shares. Meanwhile, Director Hoge Brett Widney bought 19167.0 shares on Jun 17 ’24.
