Newton Golf Co (NWTG)’s latest performance is not what we had anticipated

On Friday, Newton Golf Co (NASDAQ: NWTG) was -7.96% drop from the session before settling in for the closing price of $2.01. A 52-week range for NWTG has been $1.70 – $195.00.

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A company in the Consumer Cyclical sector has jumped its sales by 29.52% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 87.50%. With a float of $0.25 million, this company’s outstanding shares have now reached $0.49 million.

In an organization with 18 employees, it is important to assess its efficiency.

Newton Golf Co (NWTG) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Newton Golf Co stocks. The insider ownership of Newton Golf Co is 15.79%, while institutional ownership is 13.75%. The most recent insider transaction that took place on Dec 30 ’24, was worth 9,000. In this transaction Executive Chairman of this company bought 25,000 shares at a rate of $0.36, taking the stock ownership to the 103,337 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Director bought 25,000 for $1.20, making the entire transaction worth $30,000. This insider now owns 211,014 shares in total.

Newton Golf Co (NWTG) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 87.50% per share during the next fiscal year.

Newton Golf Co (NASDAQ: NWTG) Trading Performance Indicators

You can see what Newton Golf Co (NWTG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -88.24 and is forecasted to reach 0.00 in one year’s time.

Technical Analysis of Newton Golf Co (NWTG)

Let’s dig in a bit further. During the last 5-days, its volume was 1.35 million. That was better than the volume of 0.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.08%. Additionally, its Average True Range was 2.86.

During the past 100 days, Newton Golf Co’s (NWTG) raw stochastic average was set at 0.25%, which indicates a significant decrease from 3.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 307.58% in the past 14 days, which was lower than the 350.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.90, while its 200-day Moving Average is $70.63.

Newton Golf Co (NASDAQ: NWTG) Key Stats

There are 61K outstanding shares of the company, which has a market capitalization of 0.55 million. As of now, sales total 349 K while income totals -4,625 K. Its latest quarter income was 1,211 K while its last quarter net income were -1,060 K.