Sacks Parente Golf Inc (SPGC) At $0.30 Offering A Unique Opportunity

Sacks Parente Golf Inc (NASDAQ:SPGC) currently has a daily average trading volume of 846.62K but it saw 2760720 shares traded in last market. With a market cap of 2.65M USD, the company’s current market price of $0.30 remained unchanged while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.17 and as low as $0.26. In the recent trading on the day, stock has struck highest price mark of $0.29 while lowest mark touched by it was $0.3365.

Taking a look at 20-day trading activity of Sacks Parente Golf Inc (SPGC) gives us an average price of $1.2732, while its current price level is -96.73% below from 52-week high level whereas it is 13.55% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.5935 while that of 200 days or SMA-200 reads an average of $3.9012. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.07% during that period while stretching the period over a month that decreases to 12.64%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 13.84 which implies that the stock is in oversold territory.

Over the week, SPGC’s stock price is moving -78.57% down while it is -80.89% when we observe its performance for the past one month. Year-to-date it is -95.63% down and over the past year, the stock is showing a downside performance of -95.33%.

Currently, Sacks Parente Golf Inc’s total number of outstanding shares is 14.60M. Company’s return on investment (ROI) stands at -198.22% and return on equity (ROE) at -102.97%. Stock’s beta reads 3.58. Stock has a price to book (P/B) ratio of 1.66 while price to sale or P/S ratio amounts to 1.06. Its return on asset (ROA) is -92.57% on average.