TruGolf Holdings Inc (NASDAQ:TRUG) shares, rose in value on Wednesday, April 16, with the stock price down by -32.50% to the previous day’s close as strong demand from buyers drove the stock to $0.26.
Actively observing the price movement in the last trading, the stock closed the session at $0.38, falling within a range of $0.2186 and $0.3. The value of beta (5-year monthly) was -0.74. Referring to stock’s 52-week performance, its high was $1.76, and the low was $0.25. On the whole, TRUG has fluctuated by -35.69% over the past month.
With the market capitalization of TruGolf Holdings Inc currently standing at about $7.53 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-14.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 31.06M, with a low estimate of 6.5M and a high estimate of 6.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TRUG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of TRUG currently trading nearly -24.90% and -33.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.35, while the 7-day volatility ratio is showing 21.76% which for the 30-day chart, stands at 12.79%. Furthermore, TruGolf Holdings Inc (TRUG)’s beta value is -0.79, and its average true range (ATR) is 0.05.
A comparison of TruGolf Holdings Inc (TRUG) with its peers suggests the former has fared considerably weaker in the market. TRUG showed an intraday change of -32.50% in last session, and over the past year, it shrunk by -85.15%%.
Data on historical trading for TruGolf Holdings Inc (NASDAQ:TRUG) indicates that the trading volumes over the past 10 days have averaged 0.86 and over the past 3 months, they’ve averaged 2.16 million. According to company’s latest data on outstanding shares, there are 28.99 million shares outstanding.
Nearly 28.04% of TruGolf Holdings Inc’s shares belong to company insiders and institutional investors own 1.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.34 million shares as on 2025-03-31, resulting in a short ratio of 0.8. According to the data, the short interest in TruGolf Holdings Inc (TRUG) stood at 169.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.5 million. The stock has fallen by -61.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TRUG stock heading into the next quarter.
