TruGolf (NASDAQ:TRUG) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of TruGolf (NASDAQ:TRUG) to a hold rating in a report released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of TruGolf in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, TruGolf currently has a consensus rating of “Hold”.

TruGolf Price Performance

TRUG opened at $0.47 on Friday. The company has a 50-day moving average of $1.08 and a 200-day moving average of $2.99. The company has a market capitalization of $904,128.00, a P/E ratio of -0.04 and a beta of -1.07. TruGolf has a 1-year low of $0.45 and a 1-year high of $43.40. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.74 and a current ratio of 0.84.

TruGolf (NASDAQ:TRUG) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.37) EPS for the quarter, topping the consensus estimate of ($1.96) by $1.59. TruGolf had a negative net margin of 55.27% and a negative return on equity of 132.15%. The business had revenue of $5.79 million for the quarter, compared to analysts’ expectations of $3.90 million.

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.