The time has not yet come to remove your chips from the table: Sacks Parente Golf Inc (SPGC)

With 6.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.74 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $0.38 whereas the lowest price it dropped to was $0.265. The 52-week range on SPGC shows that it touched its highest point at $9.17 and its lowest point at $0.26 during that stretch. It currently has a 1-year price target of $12.00. Beta for the stock currently stands at 3.48.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SPGC was down-trending over the past week, with a drop of -79.73%, but this was down by -82.04% over a month. Three-month performance dropped to -90.35% while six-month performance fell -94.44%. The stock lost -95.84% in the past year, while it has lost -95.63% so far this year.

Float and Shares Shorts:

At present, 14.60 million SPGC shares are outstanding with a float of 1.01 million shares on hand for trading. On 2024-10-31, short shares totaled 35213.0, which was 192.99999 higher than short shares on 1727654400. In addition to Dr. Gregor Campbell as the firm’s Executive Chairman, Mr. Timothy L. Triplett serves as its Co-Founder.

Institutional Ownership:

Through their ownership of 0.00616 of SPGC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SPGC reported revenue of $1211000.0 and operating income of -$1090000.0. The EBITDA in the recently reported quarter was -$994000.0 and diluted EPS was -$0.73.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With SPGC analysts setting a high price target of 12.0 and a low target of 12.0, the average target price over the next 12 months is 12.0. Based on these targets, SPGC could surge 3900.0% to reach the target high and rise by 3900.0% to reach the target low. Reaching the average price target will result in a growth of 3900.0% from current levels.

Analysts have provided yearly estimates in a range of -$2.96 being high and -$2.96 being low. For SPGC, this leads to a yearly average estimate of -$2.96. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.