Let’s Discuss The Sacks Parente Golf Inc (NASDAQ: SPGC) Stock Forecast.

In today’s recent session, 2.56 million shares of the Sacks Parente Golf Inc (NASDAQ:SPGC) have been traded, and its beta is 3.98. Most recently the company’s share price was $0.46, and it changed around $0.08 or 20.97% from the last close, which brings the market valuation of the company to $4.05M. SPGC at last check was trading at a discount to its 52-week high of $9.17, offering almost -1893.48% off that amount. The share price’s 52-week low was $0.26, which indicates that the recent value has risen by an impressive 43.48% since then. We note from Sacks Parente Golf Inc’s average daily trading volume that its 10-day average is 2.89 million shares, with the 3-month average coming to 1.14 million.

Sacks Parente Golf Inc (NASDAQ:SPGC) trade information

Instantly SPGC has been showing a green trend so far today with a performance of 20.97% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.4590 on recent trading daydecreased the stock’s daily price by -0.22%. The company’s shares are currently down -93.31% year-to-date, but still up 29.13% over the last five days. On the other hand, Sacks Parente Golf Inc (NASDAQ:SPGC) is -71.80% down in the 30-day period. We can see from the shorts that 35213.0 shares have been sold at a short interest cover period of 0.19 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 -91.12 percent over the past six months and at a 22.11% annual growth rate that is well above the industry average of -0.20%.

SPGC Dividends

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

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 0.62% of them are in the hands of institutional investors. The stock currently has a share float of 1.55%.

Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Oct 31, 2024 . The former held 3.45 shares worth $1587.0, making up 0.19% of all outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held roughly 2.03 shares worth around $932.0, which represents about 0.11% of the total shares outstanding.