Sacks Parente Golf Inc (NASDAQ:SPGC): -2678.79% Off High, Can It Comeback?

In last trading session, Sacks Parente Golf Inc (NASDAQ:SPGC) saw 3.77 million shares changing hands with its beta currently measuring 4.14. Company’s recent per share price level of $0.33 trading at $0.03 or 11.27% at ring of the bell on the day assigns it a market valuation of $2.95M. That closing price of SPGC’s stock is at a discount of -2678.79% from its 52-week high price of $9.17 and is indicating a premium of 21.21% from its 52-week low price of $0.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.16 million shares which gives us an average trading volume of 903.14K if we extend that period to 3-months.

Sacks Parente Golf Inc (NASDAQ:SPGC) trade information

Upright in the green during last session for gaining 11.27%, in the last five days SPGC remained trading in the red while hitting it’s week-highest on Thursday, 12/19/24 when the stock touched $0.33 price level, adding 17.5% to its value on the day. Sacks Parente Golf Inc’s shares saw a change of -95.14% in year-to-date performance and have moved -10.49% in past 5-day. Sacks Parente Golf Inc (NASDAQ:SPGC) showed a performance of -78.46% in past 30-days. Number of shares sold short was 35213.0 shares which calculate 0.19 days to cover the short interests.

Sacks Parente Golf Inc (SPGC) estimates and forecasts

Statistics highlight that Sacks Parente Golf Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -93.19% of value to its shares in past 6 months, showing an annual growth rate of 22.11% while that of industry is -0.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.05M for the same.

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

Insiders are in possession of 60.15% of company’s total shares while institution are holding 0.62 percent of that, with stock having share float percentage of 1.55%. Investors also watch the number of corporate investors in a company very closely, which is 0.62% institutions for Sacks Parente Golf Inc that are currently holding shares of the company.