Sacks Parente Golf Inc (NASDAQ:SPGC) – Analysts See The Stock Differently Today

In the last trading session, 1.23 million shares of the Sacks Parente Golf Inc (NASDAQ:SPGC) were traded, and its beta was 2.90. Most recently the company’s share price was $1.80, and it changed around -$0.03 or -1.37% from the last close, which brings the market valuation of the company to $2.64M. SPGC currently trades at a discount to its 52-week high of $9.17, offering almost -409.44% off that amount. The share price’s 52-week low was $1.59, which indicates that the current value has risen by an impressive 11.67% since then. We note from Sacks Parente Golf Inc’s average daily trading volume that its 10-day average is 0.32 million shares, with the 3-month average coming to 83.75K.

Sacks Parente Golf Inc (NASDAQ:SPGC) trade information

Instantly SPGC has showed a red trend with a performance of -1.37% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.9200 on recent trading dayincreased the stock’s daily price by 6.25%. The company’s shares are currently down -73.73% year-to-date, but still down -4.50% over the last five days. On the other hand, Sacks Parente Golf Inc (NASDAQ:SPGC) is -52.37% down in the 30-day period. We can see from the shorts that 12741.0 shares have been sold at a short interest cover period of 0.24 day(s).

Sacks Parente Golf Inc (SPGC) estimates and forecasts

Sacks Parente Golf Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -56.73 percent over the past six months and at a 22.11% annual growth rate that is well above the industry average of -8.90%.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 970k in revenue for the current quarter. 1 analysts expect Sacks Parente Golf Inc to make 840k in revenue for the current ending quarter.

SPGC Dividends

Sacks Parente Golf Inc’s next quarterly earnings report is expected to be released in November.

Sacks Parente Golf Inc (NASDAQ:SPGC)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 60.15% of Sacks Parente Golf Inc shares, and 0.25% of them are in the hands of institutional investors. The stock currently has a share float of 0.64%.