Newton Golf Co (NASDAQ:NWTG) traded at $1.75 at close of the session on Tuesday, April 01 and made a downward move of -16.27% on its previous day’s price.
Looking at the stock we see that its previous close was $2.09 with the day’s price range being $1.63 – $2.13. In terms of its 52-week price range, NWTG has a high of $195.00 and a low of $1.35. The company’s stock has lost about -69.30% over that past 30 days.
Newton Golf Co has a market cap of $0.52 million and is expected to release its quarterly earnings report on 2025-Mar-30.
On the other hand, looking at the outlook for the NWTG stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -38.51% off its SMA20 and -83.86% from its 50-day simple moving average. The RSI (14) is pointing at 35.83 while the volatility over the past week is 27.14% and jumps to 29.57% over the past one month. The beta value is 5.02, while the average true range (ATR) is currently pointing at 1.87.
Coming back to Newton Golf Co (NASDAQ:NWTG), we note that the average 3-month trading volume was 2.23 million, while that of the preceding 10-day period stands at 8.5 million. Current shares outstanding are 0.30 million.
The insiders hold 15.79% of the company’s shares while institutions hold 13.75%. The data shows that short shares as of 2025-02-28, stood at 0.2 million at a short ratio of 0.26. This represents a 7188.00 short interest in shares outstanding on 2025-02-28. Shares short rose in February from the previous month at 86859.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -86.11% down in year-to-date price movement.
