Brett Widney Hoge Purchases 33,685 Shares of Sacks Parente Golf, Inc. (NASDAQ:SPGC) Stock

Sacks Parente Golf, Inc. (NASDAQ:SPGC) Director Brett Widney Hoge purchased 33,685 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were purchased at an average cost of $0.50 per share, for a total transaction of $16,842.50. Following the transaction, the director now directly owns 289,085 shares in the company, valued at approximately $144,542.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Sacks Parente Golf Price Performance

Shares of SPGC remained flat at $0.55 during midday trading on Friday. The stock had a trading volume of 48,271 shares, compared to its average volume of 59,653. Sacks Parente Golf, Inc. has a fifty-two week low of $0.36 and a fifty-two week high of $30.00. The firm has a 50 day moving average price of $0.52 and a 200 day moving average price of $0.62. The company has a market capitalization of $8.03 million and a P/E ratio of -1.49.

Sacks Parente Golf (NASDAQ:SPGC) last issued its quarterly earnings data on Tuesday, April 30th. The company reported ($0.08) earnings per share for the quarter. Sacks Parente Golf had a negative net margin of 804.76% and a negative return on equity of 130.52%. The company had revenue of $0.35 million for the quarter.

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.