Trump Media & Technology Group Corp [DJT] Revenue clocked in at $2.62 million, up 17.39% YTD: What’s Next?

Trump Media & Technology Group Corp [NASDAQ: DJT] traded at a low on Friday, posting a -2.37 loss after which it closed the day’ session at $40.03.

The results of the trading session contributed to over 29738111 shares changing hands. Over the past one week, the price volatility of Trump Media & Technology Group Corp stands at 11.53% while the volatility over the past one month is 6.91%.

The market cap for DJT stock reached $8.68 billion, with 214.39 million shares outstanding and 99.54 million shares in the current float. Compared to the average trading volume of 35.63M shares, DJT reached a trading volume of 29738111 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Trump Media & Technology Group Corp [DJT]?

The Average True Range (ATR) for Trump Media & Technology Group Corp is set at 2.92, with the Price to Sales ratio for DJT stock in the period of the last 12 months amounting to 3314.31. The Price to Book ratio for the last quarter was 10.51, with the Price to Cash per share for the same quarter was set at 3.10.

How has DJT stock performed recently?

Trump Media & Technology Group Corp [DJT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.37. With this latest performance, DJT shares gained by 3.97% in over the last four-week period, additionally plugging by 7.09% over the last 6 months – not to mention a rise of 73.67% 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 58.91, with the RSI for the last a single of trading hit 59.80, and the three-weeks RSI is set at 57.82 for Trump Media & Technology Group Corp [DJT]. The present Moving Average for the last 50 days of trading for this stock 34.23, while it was recorded at 40.82 for the last single week of trading, and 32.73 for the last 200 days.

Trump Media & Technology Group Corp [DJT]: Deeper insight into the fundamentals

Trump Media & Technology Group Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 47.49 and a Current Ratio set at 47.49.

Insider trade positions for Trump Media & Technology Group Corp [DJT]

There are presently around $7.02%, or 15.13%% of DJT stock, in the hands of institutional investors. The top three institutional holders of DJT stocks are: AUSTIN PRIVATE WEALTH, LLC with ownership of 12.0 million shares, which is approximately 7.1974%. SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 3.63 million shares of the stock with an approximate value of $$119.01 million in DJT stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $$94.32 million in DJT stock with ownership which is approximately 1.7273%.