Newton Golf Co (NASDAQ: NWTG) on Friday, plunged -13.87% from the previous trading day, before settling in for the closing price of $1.73. Within the past 52 weeks, NWTG’s price has moved between $1.60 and $195.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 29.52%. The company achieved an average annual earnings per share of 87.50%. With a float of $0.25 million, this company’s outstanding shares have now reached $0.49 million.
Considering the fact that the conglomerate employs 18 people, you should pay attention to its efficiency factor.
Newton Golf Co (NWTG) Insider Activity
Observing investor behavior towards Leisure industry stocks is more important than anything else. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
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
Newton Golf Co (NWTG) is currently performing well based on its current performance indicators. A quick ratio of 2.69 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.
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)
Compared to the last year’s volume of 1.16 million, its volume of 3.06 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.18%. Additionally, its Average True Range was 2.05.
During the past 100 days, Newton Golf Co’s (NWTG) raw stochastic average was set at 0.23%, which indicates a significant decrease from 2.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 294.34% in the past 14 days, which was lower than the 350.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.1132, while its 200-day Moving Average is $66.7593. Nevertheless, the first resistance level for the watch stands at $1.6900 in the near term. At $1.8900, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0600. If the price goes on to break the first support level at $1.3200, it is likely to go to the next support level at $1.1500. Should the price break the second support level, the third support level stands at $0.9500.
Newton Golf Co (NASDAQ: NWTG) Key Stats
Market capitalization of the company is 0.44 million based on 61K outstanding shares. Right now, sales total 350 K and income totals -4,630 K. The company made 1,210 K in profit during its latest quarter, and -1,060 K in sales during its previous quarter.
