TruGolf Holdings Inc (NASDAQ:TRUG) traded at $0.47 at close of the session on Tuesday, January 28 and made a downward move of -10.39% on its previous day’s price.
Looking at the stock we see that its previous close was $0.52 and the beta (5Y monthly) reads -0.676 with the day’s price range being $0.43 – $0.5299. In terms of its 52-week price range, TRUG has a high of $8.39 and a low of $0.35. The company’s stock has gained about 6.59% over that past 30 days.
TruGolf Holdings Inc has a market cap of $13.59 million and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 7.3M, with a low of 7.3M and a high of 7.3M.
On the other hand, looking at the outlook for the TRUG stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -22.21% off its SMA20 and -11.17% from its 50-day simple moving average. The RSI (14) is pointing at 43.78 while the volatility over the past week is 28.28% and jumps to 23.94% over the past one month. The beta value is -0.88, while the average true range (ATR) is currently pointing at 0.12.
Coming back to TruGolf Holdings Inc (NASDAQ:TRUG), we note that the average 3-month trading volume was 5.85 million, while that of the preceding 10-day period stands at 2.03 million. Current shares outstanding are 11.88 million.
The insiders hold 41.25% of the company’s shares while institutions hold 2.28%. The data shows that short shares as of 2024-10-31, stood at 34860.0 at a short ratio of 0.91. This represents a 75.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 54403.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -30.15% down in year-to-date price movement.
