TruGolf Holdings Inc (NASDAQ: TRUG) Increases 2.89% Over A Month, But Analysts Still See Upside Potential

TruGolf Holdings Inc (NASDAQ:TRUG) currently has a daily average trading volume of 3.88M but it saw 713810 shares traded in last market. With a market cap of 9.58M USD, the company’s current market price of $0.44 came rising about 2.30 while comparing to the previous closing price of $0.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.82 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $0.425 while lowest mark touched by it was $0.47.

Taking a look at 20-day trading activity of TruGolf Holdings Inc (TRUG) gives us an average price of $0.4769, while its current price level is -96.28% below from 52-week high level whereas it is 25.64% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5524 while that of 200 days or SMA-200 reads an average of $1.0665. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.82% during that period while stretching the period over a month that increases to 22.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.12 which implies that the stock is in neutral territory.

Over the week, TRUG’s stock price is moving 12.03% up while it is 2.89% when we observe its performance for the past one month. Year-to-date it is -96.18% down and over the past year, the stock is showing a downside performance of -96.13%.

Currently, TruGolf Holdings Inc’s total number of outstanding shares is 11.88M. Company’s return on investment (ROI) stands at -522.65% and return on equity (ROE) at -1.00%. Stock’s beta reads -0.72. Its return on asset (ROA) is -0.90% on average.