Is Sacks Parente Golf Inc (NASDAQ: SPGC) Stock Ready To Get A Higher Bid?

In the last trading session, 2.42 million Sacks Parente Golf Inc (NASDAQ:SPGC) shares changed hands as the company’s beta touched 3.98. With the company’s per share price at $0.36 changed hands at $0.04 or 11.95% during last session, the market valuation stood at $3.00M. SPGC’s last price was a discount, traded about -2447.22% off its 52-week high of $9.17. The share price had its 52-week low at $0.26, which suggests the last value was 27.78% up since then. When we look at Sacks Parente Golf Inc’s average trading volume, we note the 10-day average is 5.73 million shares, with the 3-month average coming to 994.34K.

Sacks Parente Golf Inc (NASDAQ:SPGC) trade information

Instantly SPGC was in green as seen at the end of in last trading. With action 29.45%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -94.82%, with the 5-day performance at 29.45% in the green. However, in the 30-day time frame, Sacks Parente Golf Inc (NASDAQ:SPGC) is -77.89% down. Looking at the short shares, we see there were 35213.0 shares sold at short interest cover period of 0.19 days.

Sacks Parente Golf Inc (SPGC) estimates and forecasts

Data shows that the Sacks Parente Golf Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -93.17% over the past 6 months, a 22.11% in annual growth rate that is considerably higher than the industry average of -0.10%.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.05M.

SPGC Dividends

Sacks Parente Golf Inc is expected to release its next quarterly earnings report in January.

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

If we look at who the major shareholders are, we find that insiders hold 60.15% of Sacks Parente Golf Inc shares while 0.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.55%.