Topgolf Callaway Brands Corp (MODG) concluded trading on Thursday at a closing price of $9.00, with 8.56 million shares of worth about $77.02 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -40.00% during that period and on Thursday the price saw a gain of about 14.50%. Currently the company’s common shares owned by public are about 190.20M shares, out of which, 130.85M shares are available for trading.
Stock saw a price change of 15.38% in past 5 days and over the past one month there was a price change of 5.14%. Year-to-date (YTD), MODG shares are showing a performance of 14.50% which decreased to -36.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.22 but also hit the highest price of $16.89 during that period. The average intraday trading volume for Topgolf Callaway Brands Corp shares is 2.35 million. The stock is currently trading 13.14% above its 20-day simple moving average (SMA20), while that difference is up 3.54% for SMA50 and it goes to -28.13% lower than SMA200.
Topgolf Callaway Brands Corp (NYSE: MODG) currently have 190.20M outstanding shares and institutions hold larger chunk of about 70.90% of that.
The stock has a current market capitalization of $1.65B and its 3Y-monthly beta is at 1.70. It has posted earnings per share of -$0.08 in the same period. It has Quick Ratio of 1.14 while making debt-to-equity ratio of 1.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MODG, volatility over the week remained 5.03% while standing at 4.65% over the month.
Stock’s fiscal year EPS is expected to drop by -71.80% while it is estimated to decrease by -96.71% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on Jan-03-25 offering a Buy rating for the stock and assigned a target price range of between $11 and $13 to it. Coverage by B. Riley Securities stated Topgolf Callaway Brands Corp (MODG) stock as a Neutral in their note to investors on October 17, 2024, suggesting a price target of $12 for the stock. Stock get a Sector weight rating from KeyBanc Capital Markets on August 08, 2024.
