TruGolf (NASDAQ:TRUG) Posts Quarterly Earnings Results
by Renee Jackson · The Cerbat GemTruGolf (NASDAQ:TRUG – Get Free Report) issued its earnings results on Wednesday. The company reported $999.00 earnings per share for the quarter, Zacks reports. TruGolf had a negative net margin of 93.14% and a negative return on equity of 3,808.94%.
TruGolf Stock Performance
Shares of NASDAQ TRUG traded down $0.38 during midday trading on Wednesday, hitting $3.22. 113,525 shares of the company’s stock were exchanged, compared to its average volume of 103,570. The company has a quick ratio of 1.10, a current ratio of 1.28 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.64 million, a PE ratio of -0.01 and a beta of -0.80. TruGolf has a 12 month low of $3.12 and a 12 month high of $210.00. The company’s 50 day moving average price is $6.40 and its 200 day moving average price is $11.38.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of TruGolf in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on TRUG
TruGolf Company Profile
TruGolf, Inc is a technology company specializing in golf simulation and indoor entertainment solutions. The company designs and manufactures advanced golf simulator hardware that captures swing data and ball flight metrics, allowing users to experience realistic play on virtual renditions of world-renowned golf courses. TruGolf’s integrated systems combine high-speed cameras, infrared sensors and proprietary software to deliver real-time feedback for both recreational and instructional purposes.
In addition to its hardware offerings, TruGolf develops immersive simulation software that features detailed 3D course graphics, customizable practice modes and multiplayer functionality.