Trump Media & Technology Group Corp. [NASDAQ: DJT] loss -18.35% on the last trading session, reaching $26.61 price per share at the time.
If compared to the average trading volume of 6.65M shares, DJT reached a trading volume of 7377873 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Trump Media & Technology Group Corp. [DJT]:
The Average True Range (ATR) for Trump Media & Technology Group Corp. is set at 6.46 The Price to Book ratio for the last quarter was 4.04, with the Price to Cash per share for the same quarter was set at 0.00.
Trading performance analysis for DJT stock
Trump Media & Technology Group Corp. [DJT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -28.41. With this latest performance, DJT shares dropped by -35.22% in over the last four-week period, additionally plugging by 71.18% over the last 6 months – not to mention a rise of 102.51% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DJT stock in for the last two-week period is set at 34.95, with the RSI for the last a single of trading hit 27.74, and the three-weeks RSI is set at 39.36 for Trump Media & Technology Group Corp. [DJT]. The present Moving Average for the last 50 days of trading for this stock 43.73, while it was recorded at 32.67 for the last single week of trading, and 24.19 for the last 200 days.
Trump Media & Technology Group Corp. [DJT]: A deeper dive into fundamental analysis
Trump Media & Technology Group Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.01 and a Current Ratio set at 0.01.
An analysis of Institutional ownership at Trump Media & Technology Group Corp. [DJT]
The top three institutional holders of DJT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DJT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DJT stock with ownership which is approximately 5.8386%.
