Are Sacks Parente Golf Inc (SPGC) stocks a prudent buy?

Sacks Parente Golf Inc [SPGC] stock is trading at $0.38, up 4.68%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SPGC shares have gain 19.50% over the last week, with a monthly amount drifted -76.54%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Sacks Parente Golf Inc [SPGC] stock has fluctuated between $0.26 and $9.17 over the past year. Sacks Parente Golf Inc [NASDAQ: SPGC] shares were valued at $0.38 at the most recent close of the market.

Analyzing the SPGC fundamentals

Sacks Parente Golf Inc [NASDAQ:SPGC] reported sales of 2.49M for the trailing twelve months, which represents a growth of 1174.74%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -2.19%, Pretax Profit Margin comes in at -427.21%, and Net Profit Margin reading is -427.21%. To continue investigating profitability, this company’s Return on Assets is posted at -316.35, Equity is -254.12 and Total Capital is 0.01.

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 0.3433 points at the first support level, and at 0.3067 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4283, and for the 2nd resistance point, it is at 0.4767.

Ratios To Look Out For

For context, Sacks Parente Golf Inc’s Current Ratio is 3.62. In addition, the Quick Ratio stands at 2.69 and the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 2.10.

Transactions by insiders

Recent insider trading involved CAMPBELL GREGOR ALASDAIR, Executive Chairman, that happened on Dec 30 ’24 when 25000.0 shares were purchased. Director, Hoge Brett Widney completed a deal on Dec 13 ’24 to buy 25000.0 shares. Meanwhile, Executive Chairman CAMPBELL GREGOR ALASDAIR bought 26000.0 shares on Dec 24 ’24.

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