Newton Golf Co (NASDAQ: NWTG) Surprised Bears, Looks Healthy Going Forward.

In the last trading session, 60.67 million Newton Golf Co (NASDAQ:NWTG) shares changed hands as the company’s beta touched 3.39. With the company’s per share price at $2.82 changed hands at $0.96 or 51.61% during last session, the market valuation stood at $0.83M. NWTG’s last price was a discount, traded about -6814.89% off its 52-week high of $195.00. The share price had its 52-week low at $1.35, which suggests the last value was 52.13% up since then. When we look at Newton Golf Co’s average trading volume, we note the 10-day average is 14.7 million shares, with the 3-month average coming to 2.26 million.

Newton Golf Co (NASDAQ:NWTG) trade information

Instantly NWTG was in green as seen at the end of in last trading. With action 34.93%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -77.61%, with the 5-day performance at 34.93% in the green. However, in the 30-day time frame, Newton Golf Co (NASDAQ:NWTG) is -46.77% down. Looking at the short shares, we see there were 0.2 million shares sold at short interest cover period of 0.26 days.

Newton Golf Co (NWTG) estimates and forecasts

Year-over-year growth is forecast to reach 50.57% up from the last financial year.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -106.30%. The 2025 estimates are for Newton Golf Co earnings to increase by 87.50%.

NWTG Dividends

Newton Golf Co is expected to release its next quarterly earnings report on 2025-Mar-30.

Newton Golf Co (NASDAQ:NWTG)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 5.31% of Newton Golf Co shares while 0.72% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.76%.

Among Mutual Funds, the top two as of Feb 28, 2025 were Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . With 115.0 shares estimated at $324.0 under it, the former controlled 0.00% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund held about 0.00% of the shares, roughly 37.0 shares worth around $104.0.