Sacks Parente Golf (NASDAQ:SPGC) Releases Quarterly Earnings Results

Sacks Parente Golf (NASDAQ:SPGC) posted its quarterly earnings data on Tuesday. The company reported ($0.08) EPS for the quarter, reports. The firm had revenue of $0.35 million for the quarter. Sacks Parente Golf had a negative net margin of 804.76% and a negative return on equity of 130.52%.

Sacks Parente Golf Price Performance

Sacks Parente Golf stock remained flat at $0.48 during mid-day trading on Friday. The company had a trading volume of 8,953 shares, compared to its average volume of 55,339. The firm has a market capitalization of $7.00 million and a PE ratio of -1.30. Sacks Parente Golf has a 12 month low of $0.36 and a 12 month high of $30.00. The firm’s 50-day simple moving average is $0.57 and its 200-day simple moving average is $0.66.

About Sacks Parente Golf

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.