TruGolf (NASDAQ:TRUG) Shares Down 7.2% – What’s Next?

Shares of TruGolf Holdings, Inc. (NASDAQ:TRUG) fell 7.2% on Tuesday . The stock traded as low as $3.82 and last traded at $3.88. 64,347 shares traded hands during trading, a decline of 59% from the average session volume of 156,800 shares. The stock had previously closed at $4.18.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TruGolf in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

TruGolf Stock Down 7.2%

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.28 and a quick ratio of 1.10. The stock has a market capitalization of $1.98 million, a P/E ratio of -0.01 and a beta of -0.80. The firm has a 50-day simple moving average of $6.66 and a 200 day simple moving average of $12.19.

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.