Market Update: TruGolf Holdings Inc (TRUG) Sees Positive Movement, Closing at 0.56

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, TruGolf Holdings Inc (NASDAQ: TRUG) closed at $0.56 up 10.31% from its previous closing price of $0.51. In other words, the price has increased by $10.31 from its previous closing price. On the day, 0.84 million shares were traded. TRUG stock price reached its highest trading level at $0.599 during the session, while it also had its lowest trading level at $0.5161.

Ratios:

For a deeper understanding of TruGolf Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.89.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRUG now has a Market Capitalization of 16348758 and an Enterprise Value of 9970047. Its current Enterprise Value per Revenue stands at 0.522 whereas that against EBITDA is -1.752.

Stock Price History:

The Beta on a monthly basis for TRUG is -0.81, which has changed by -0.9432222 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, TRUG has reached a high of $10.00, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 6.00%, while the 200-Day Moving Average is calculated to be -44.73%.

Shares Statistics:

For the past three months, TRUG has traded an average of 5.46M shares per day and 5370500 over the past ten days. A total of 11.88M shares are outstanding, with a floating share count of 5.48M. Insiders hold about 59.74% of the company’s shares, while institutions hold 2.28% stake in the company. Shares short for TRUG as of 1730332800 were 34860 with a Short Ratio of 0.06, compared to 1727654400 on 54403. Therefore, it implies a Short% of Shares Outstanding of 34860 and a Short% of Float of 0.75.

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