Sacks Parente Golf Inc [NASDAQ: SPGC] stock went on an upward path that rose over 85.17% on Wednesday, amounting to a one-week price increase of more than 9.20%.
Over the last 12 months, SPGC stock dropped by -90.40%. The one-year Sacks Parente Golf Inc stock forecast points to a potential upside of 75.33.
The market cap for the stock reached $6.57 million, with 14.60 million shares outstanding and 1.54 million shares in the current float. Compared to the average trading volume of 5.09M shares, SPGC stock reached a trading volume of 72486792 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Sacks Parente Golf Inc [SPGC]:
The Average True Range (ATR) for Sacks Parente Golf Inc is set at 0.16, with the Price to Sales ratio for SPGC stock in the period of the last 12 months amounting to 2.64. The Price to Book ratio for the last quarter was 4.08, with the Price to Cash per share for the same quarter was set at 0.15.
SPGC Stock Performance Analysis:
Sacks Parente Golf Inc [SPGC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.20. With this latest performance, SPGC shares gained by 130.44% in over the last four-week period, additionally sinking by -77.97% over the last 6 months – not to mention a drop of -90.40% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SPGC stock in for the last two-week period is set at 57.57, with the RSI for the last a single of trading hit 61.94, and the three-weeks RSI is set at 53.00 for Sacks Parente Golf Inc [SPGC]. The present Moving Average for the last 50 days of trading for this stock 0.6235, while it was recorded at 0.5186 for the last single week of trading, and 2.9557 for the last 200 days.
Insight into Sacks Parente Golf Inc Fundamentals:
Sacks Parente Golf Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.69 and a Current Ratio set at 3.62.
Sacks Parente Golf Inc [SPGC] Institutonal Ownership Details
There are presently around $0.62%, or 1.55%% of SPGC stock, in the hands of institutional investors.
