Newton Golf Co (NASDAQ:NWTG) Has Seen A Fall Of -98.37% This Year, Is It Still A Better Option Than Others?

In last trading session, Newton Golf Co (NASDAQ:NWTG) saw 0.41 million shares changing hands with its beta currently measuring 4.73. Company’s recent per share price level of $1.96 trading at $0.1 or 5.38% at ring of the bell on the day assigns it a market valuation of $8.41M. That closing price of NWTG’s stock is at a discount of -9848.98% from its 52-week high price of $195.00 and is indicating a premium of 31.12% from its 52-week low price of $1.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.47 million shares which gives us an average trading volume of 3.41 million if we extend that period to 3-months.

Newton Golf Co (NASDAQ:NWTG) trade information

Upright in the green during last session for gaining 5.38%, in the last five days NWTG remained trading in the green while hitting it’s week-highest on Monday, 04/21/25 when the stock touched $1.96 price level, adding 6.67% to its value on the day. Newton Golf Co’s shares saw a change of -84.44% in year-to-date performance and have moved 1.03% in past 5-day. Newton Golf Co (NASDAQ:NWTG) showed a performance of 7.10% in past 30-days. Number of shares sold short was 0.24 million shares which calculate 0.05 days to cover the short interests.

Newton Golf Co (NWTG) estimates and forecasts

This year revenue growth is estimated to rise 50.57% from the last financial year’s standing.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -106.30% during past 5 years.

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

Insiders are in possession of 2.96% of company’s total shares while institution are holding 0.24 percent of that, with stock having share float percentage of 0.25%. Investors also watch the number of corporate investors in a company very closely, which is 0.24% institutions for Newton Golf Co that are currently holding shares of the company.

On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 115.0 shares of worth $225.0 or 0.00% of the total outstanding shares. The later fund manager was in possession of 37.0 shares on Feb 28, 2025 , making its stake of worth around $72.0 in the company or a holder of 0.00% of company’s stock.