KD Logo

Understanding the Risks of Investing in Sacks Parente Golf Inc (SPGC)

Sacks Parente Golf Inc’s filing revealed that its Executive Chairman CAMPBELL GREGOR ALASDAIR acquired Company’s shares for reported $9000.0 on Dec 30 ’24. In the deal valued at $0.36 per share,25,000 shares were bought. As a result of this transaction, CAMPBELL GREGOR ALASDAIR now holds 103,337 shares worth roughly $42368.17.

Then, Hoge Brett Widney bought 25,000 shares, generating $30,000 in total proceeds. Upon buying the shares at $1.20, the Director now owns 211,014 shares.

Before that, CAMPBELL GREGOR ALASDAIR bought 26,000 shares. Sacks Parente Golf Inc shares valued at $9,360 were divested by the Executive Chairman at a price of $0.36 per share. As a result of the transaction, CAMPBELL GREGOR ALASDAIR now holds 78,337 shares, worth roughly $32118.17.

Price Performance Review of SPGC

On Monday, Sacks Parente Golf Inc [NASDAQ:SPGC] saw its stock fall -12.02% to $0.41. Over the last five days, the stock has lost -35.93%. Sacks Parente Golf Inc shares have fallen nearly -2.36% since the year began. Nevertheless, the stocks have fallen -95.38% over the past one year. While a 52-week high of $8.40 was reached on 01/30/25, a 52-week low of $0.26 was recorded on 01/21/25. SMA at 50 days reached $0.6663, while 200 days put it at $2.9929.

Levels Of Support And Resistance For SPGC Stock

The 24-hour chart illustrates a support level at 0.3471, which if violated will result in even more drops to 0.2843. On the upside, there is a resistance level at 0.4964. A further resistance level may holdings at 0.5829. The Relative Strength Index (RSI) on the 14-day chart is 44.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0167, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.74%. Stochastics %K at 25.94% indicates the stock is a holding.

How much short interest is there in Sacks Parente Golf Inc?

A steep rise in short interest was recorded in Sacks Parente Golf Inc stocks on 2024-10-31, growing by 25659.0 shares to a total of 35213.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9554.0 shares. There was a rise of 72.87%, which implies that there is a positive sentiment for the stock.

Most Popular