Trump Media & Technology Group Corp [NASDAQ: DJT] stock went on a downward path that fall over -1.45% on Thursday, amounting to a one-week price decrease of less than -8.51%.
Over the last 12 months, DJT stock dropped by -42.65%.
The market cap for the stock reached $6.13 billion, with 220.66 million shares outstanding and 99.20 million shares in the current float. Compared to the average trading volume of 10.93M shares, DJT stock reached a trading volume of 4818439 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Trump Media & Technology Group Corp [DJT]:
The Average True Range (ATR) for Trump Media & Technology Group Corp is set at 1.79, with the Price to Sales ratio for DJT stock in the period of the last 12 months amounting to 1692.44. The Price to Book ratio for the last quarter was 6.72, with the Price to Cash per share for the same quarter was set at 3.53.
DJT Stock Performance Analysis:
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 -8.51. With this latest performance, DJT shares dropped by -21.78% in over the last four-week period, additionally plugging by 25.18% over the last 6 months – not to mention a drop of -42.65% 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 34.56, with the RSI for the last a single of trading hit 27.64, 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 34.12, while it was recorded at 29.28 for the last single week of trading, and 32.01 for the last 200 days.
Insight into Trump Media & Technology Group Corp Fundamentals:
Trump Media & Technology Group Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 45.33 and a Current Ratio set at 45.33.
Trump Media & Technology Group Corp [DJT] Institutonal Ownership Details
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%.
