TruGolf (TRUG) Projected to Post Quarterly Earnings on Thursday

TruGolf (NASDAQ:TRUG) is expected to be releasing its results before the market opens on Thursday, May 14th. Analysts expect TruGolf to post earnings of ($1.49) per share and revenue of $4.50 million for the quarter.

TruGolf Stock Performance

Shares of NASDAQ:TRUG opened at $2.22 on Thursday. The company has a market cap of $3.09 million, a P/E ratio of 0.00 and a beta of -1.10. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.01 and a current ratio of 1.07. TruGolf has a one year low of $2.04 and a one year high of $210.00. The business’s 50-day simple moving average is $4.83 and its 200 day simple moving average is $9.27.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TRUG. Wall Street Zen upgraded TruGolf to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings reiterated a “sell (e+)” rating on shares of TruGolf in a report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, TruGolf currently has an average rating of “Hold”.

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.