Newton Golf Co Inc [NASDAQ: NWTG] price surged by 13.70 percent to reach at $0.2.
A sum of 176297 shares traded at recent session while its average daily volume was at 129.92K shares. Newton Golf Co Inc shares reached a high of $1.7499 and dropped to a low of $1.5 until finishing in the latest session at $1.66.
The one-year NWTG stock forecast points to a potential upside of 72.33.
Guru’s Opinion on Newton Golf Co Inc [NWTG]:
The Price to Book ratio for the last quarter was 2.53, with the Price to Cash per share for the same quarter was set at 0.54.
NWTG Stock Performance Analysis:
Newton Golf Co Inc [NWTG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 41.28. With this latest performance, NWTG shares gained by 15.28% in over the last four-week period, additionally sinking by -1.78% over the last 6 months – not to mention a drop of -86.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NWTG stock in for the last two-week period is set at 62.36, with the RSI for the last a single of trading hit 0.1950, and the three-weeks RSI is set at 0.1641 for Newton Golf Co Inc [NWTG]. The present Moving Average for the last 50 days of trading for this stock 1.5891, while it was recorded at 1.3800 for the last single week of trading, and 2.9739 for the last 200 days.
Insight into Newton Golf Co Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Newton Golf Co Inc [NWTG] shares currently have an operating margin of -92.43% and a Gross Margin at 64.82%. Newton Golf Co Inc’s Net Margin is presently recorded at -157.51%.
Newton Golf Co Inc (NWTG) Capital Structure & Debt Analysis
According to recent financial data for Newton Golf Co Inc. ( NWTG), the Return on Equity (ROE) stands at -383.63%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -253.51%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Newton Golf Co Inc’s Return on Invested Capital (ROIC) is -350.00%, showcasing its effectiveness in deploying capital for earnings.
Newton Golf Co Inc (NWTG) Efficiency & Liquidity Metrics
Based on Newton Golf Co Inc’s (NWTG) latest financial statements, the Debt-to-Equity Ratio is 0.04%, indicating its reliance on debt financing relative to shareholder equity.
Newton Golf Co Inc (NWTG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Newton Golf Co Inc. (NWTG) effectively leverages its workforce, generating an average of -$390000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.97% and a Quick Ratio of 1.42%, indicating strong ability to cover short-term liabilities.
NWTG Stock EPS
With the latest financial reports released by the company, Newton Golf Co Inc posted -0.34/share EPS, while the average EPS was predicted by analysts to be reported at -0.19/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.15. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NWTG.
Newton Golf Co Inc [NWTG] Institutonal Ownership Details
There are presently around $5.97%, or 6.52%% of NWTG stock, in the hands of institutional investors.
