Sacks Parente Golf Inc [NASDAQ: SPGC] traded at a high on Wednesday, posting a 11.70 gain after which it closed the day’ session at $0.73.
The results of the trading session contributed to over 4219719 shares changing hands. Over the past one week, the price volatility of Sacks Parente Golf Inc stands at 24.30% while the volatility over the past one month is 40.82%.
The market cap for SPGC stock reached $6.52 million, with 14.60 million shares outstanding and 1.54 million shares in the current float. Compared to the average trading volume of 9.06M shares, SPGC reached a trading volume of 4219719 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Sacks Parente Golf Inc [SPGC]?
The Average True Range (ATR) for Sacks Parente Golf Inc is set at 0.20, with the Price to Sales ratio for SPGC stock in the period of the last 12 months amounting to 2.62. The Price to Book ratio for the last quarter was 4.05, with the Price to Cash per share for the same quarter was set at 0.15.
How has SPGC stock performed recently?
Sacks Parente Golf Inc [SPGC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.05. With this latest performance, SPGC shares gained by 152.45% in over the last four-week period, additionally sinking by -75.92% over the last 6 months – not to mention a drop of -88.91% 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 53.58, with the RSI for the last a single of trading hit 54.13, and the three-weeks RSI is set at 51.59 for Sacks Parente Golf Inc [SPGC]. The present Moving Average for the last 50 days of trading for this stock 0.4753, while it was recorded at 0.7187 for the last single week of trading, and 2.7804 for the last 200 days.
Sacks Parente Golf Inc [SPGC]: Deeper insight into the 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.