Newton Golf Co (NASDAQ:NWTG) shares, rose in value, with the stock price up by 6.01% to the previous day’s close as strong demand from buyers drove the stock to $1.94.
Actively observing the price movement in the last trading, the stock closed the session at $1.83, falling within a range of $1.86 and $2.03. Referring to stock’s 52-week performance, its high was $195.00, and the low was $1.35. On the whole, NWTG has fluctuated by -13.39% over the past month.
With the market capitalization of Newton Golf Co currently standing at about $8.32 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-30.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NWTG’s technical picture suggests that short-term indicators denote the stock is a 50% 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 NWTG currently trading nearly 1.62% and -75.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.37, while the 7-day volatility ratio is showing 9.65% which for the 30-day chart, stands at 21.43%. Furthermore, Newton Golf Co (NWTG)’s beta value is 4.13, and its average true range (ATR) is 1.02.
A comparison of Newton Golf Co (NWTG) with its peers suggests the former has fared considerably weaker in the market. NWTG showed an intraday change of 6.01% in last session, and over the past year, it shrunk by -98.68%%.
Data on historical trading for Newton Golf Co (NASDAQ:NWTG) indicates that the trading volumes over the past 10 days have averaged 7.28 and over the past 3 months, they’ve averaged 3.38 million. According to company’s latest data on outstanding shares, there are 4.29 million shares outstanding.
Nearly 1.95% of Newton Golf Co’s shares belong to company insiders and institutional investors own 0.94% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.24 million shares as on 2025-03-31, resulting in a short ratio of 0.05. According to the data, the short interest in Newton Golf Co (NWTG) stood at 8785.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-14 reached 63090.0. The stock has fallen by -84.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NWTG stock heading into the next quarter.
