TruGolf Holdings Inc (NASDAQ:TRUG) price on current trading day, fall -3.18% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.19.
A look at the stock’s price movement, the level at last check in today’s session was $0.20. Turning to its 52-week performance, $1.52 and $0.19 were the 52-week high and 52-week low respectively. Overall, TRUG moved -32.17% over the past month.
TruGolf Holdings Inc’s market cap currently stands at around $7.94 million, with investors looking forward to this quarter’s earnings report slated for in June.
Analysts have a consensus estimate of 6M for the company’s revenue for the quarter, with a low and high estimate of 6M and 6M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 27M, representing a 23.52% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TRUG is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
TRUG’s current price about -22.69% and -37.25% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.89, while 7-day volatility ratio is 3.68% and 5.90% in the 30-day chart. Further, TruGolf Holdings Inc (TRUG) has a beta value of -0.80, and an average true range (ATR) of 0.04.
If we refocus on TruGolf Holdings Inc (NASDAQ:TRUG), historical trading data shows that trading volumes averaged 1.03 million over the past 3 months. The company’s latest data on shares outstanding shows there are 29.18 million shares.
The 56.98% of TruGolf Holdings Inc’s shares are in the hands of company insiders while institutional holders own 0.94% of the company’s shares. Current price change has pushed the stock -71.45% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TRUG stock continues to rise going into the next quarter.
