Analyzing Ratios: Sacks Parente Golf Inc (SPGC)’s Financial Story Unveiled

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The price of Sacks Parente Golf Inc (NASDAQ: SPGC) closed at $0.37 in the last session, down -73.36% from day before closing price of $1.40. In other words, the price has decreased by -$73.36 from its previous closing price. On the day, 29.26 million shares were traded. SPGC stock price reached its highest trading level at $0.418 during the session, while it also had its lowest trading level at $0.28.

Ratios:

We take a closer look at SPGC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 3.62. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 03 ’24 when CAMPBELL GREGOR ALASDAIR bought 3,000 shares for $1.67 per share. The transaction valued at 5,010 led to the insider holds 40,337 shares of the business.

CAMPBELL GREGOR ALASDAIR bought 4,000 shares of SPGC for $6,440 on Nov 21 ’24. The Executive Chairman now owns 37,337 shares after completing the transaction at $1.61 per share. On Aug 09 ’24, another insider, Hoge Brett Widney, who serves as the Director of the company, bought 12,994 shares for $3.73 each. As a result, the insider paid 48,468 and bolstered with 48,514 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPGC now has a Market Capitalization of 2555823 and an Enterprise Value of -284893. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at -0.207 whereas that against EBITDA is 0.052.

Stock Price History:

Over the past 52 weeks, SPGC has reached a high of $9.17, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is -79.91%, while the 200-Day Moving Average is calculated to be -90.73%.

Shares Statistics:

According to the various share statistics, SPGC traded on average about 88.00K shares per day over the past 3-months and 27680 shares per day over the past 10 days. A total of 14.60M shares are outstanding, with a floating share count of 1.01M. Insiders hold about 44.87% of the company’s shares, while institutions hold 0.49% stake in the company. Shares short for SPGC as of 1730332800 were 35213 with a Short Ratio of 0.35, compared to 1727654400 on 9554. Therefore, it implies a Short% of Shares Outstanding of 35213 and a Short% of Float of 3.09.

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