How Worried Should Investors Be About TruGolf Holdings Inc (TRUG)

TruGolf Holdings Inc (NASDAQ:TRUG) does about 1.30M shares in volume on a normal day but saw 141151855 shares change hands in the recent trading day. The company now has a market cap of 12.27M USD. Its current market price is $0.68, marking an increase of 31.84% compared to the previous close of $0.52. The 52 week high reached by this stock is $11.82 whilst the lowest price level in 52 weeks is $0.35.

TruGolf Holdings Inc (TRUG) has a 20-day trading average at $0.4826 and the current price is -94.21% off the 52-week high compared with 95.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6214 and its 200-day simple moving average is $1.0970. If we look at the stock’s price movements over the week, volatility stands at 34.77%, which decreases to 24.19% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 65.07 to suggest the stock is neutral.

The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 77.33% over the period.

The current price level is 41.77%, 10.09%, and -37.64% away from its SMA20, SMA50, and SMA200 respectively, with the TRUG price moving below the 50-day SMA on current market day. TruGolf Holdings Inc (TRUG) stock is up 45.86% over the week and 45.58% over the past month. Its price is -94.13% year-to-date and -94.08% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $10M.

To reach the target analysts have set, the stock logically needs to grow 77.33 percent from here.

The company has a return on investment of -522.65% and return on equity of -1.00%. The beta has a value of -0.75.