Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Sacks Parente Golf Inc’s current trading price is -95.85% away from its 52-week high, while its distance from the 52-week low is 43.83%. The stock’s price range during this period has varied between $0.26 and $9.17. The company, active in the Consumer Cyclical sector, saw a trading volume of around 5.59 million for the day, considerably higher average daily volume of 1.49 million observed over the last three months.
Sacks Parente Golf Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $9.17 on 02/02/24, and the lowest price during that time was $0.26, recorded on 12/17/24.
How Financial Performance Impacts Market Capitalization
Sacks Parente Golf Inc (SPGC) has experienced a quarterly decline of -78.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.39M and boasts a workforce of 18 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6954, with a change in price of -2.4900. Similarly, Sacks Parente Golf Inc recorded 1,003,480 in trading volume during the last 100 days, posting a change of -86.76%.
How SPGC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SPGC stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.00.
SPGC Stock Stochastic Average
As of today, the raw stochastic average of Sacks Parente Golf Inc over the past 50 days is 6.71%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 31.24%. Additionally, the Stochastic %K and %D values for the company were 16.04% and 11.96%, respectively, over the past 20 days.
SPGC Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -9.50%. However, over the past six months, we’ve seen a stronger performance of -92.35%. The price of SPGC fallen by 11.14% over the last 30 days. And in the last five days, it has surged by 30.96%.
