Trump Media & Technology Group Corp [NASDAQ: DJT] loss -7.40% on the last trading session, reaching $18.76 price per share at the time.
If compared to the average trading volume of 7.31M shares, DJT reached a trading volume of 10231472 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 1.45, with the Price to Sales ratio for DJT stock in the period of the last 12 months amounting to 1142.25. The Price to Book ratio for the last quarter was 4.53, with the Price to Cash per share for the same quarter was set at 3.52.
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 -10.41. With this latest performance, DJT shares dropped by -15.76% in over the last four-week period, additionally plugging by 16.74% over the last 6 months – not to mention a drop of -61.45% 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 35.53, with the RSI for the last a single of trading hit 35.32, and the three-weeks RSI is set at 36.21 for Trump Media & Technology Group Corp [DJT]. The present Moving Average for the last 50 days of trading for this stock 25.49, while it was recorded at 19.74 for the last single week of trading, and 28.23 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 45.33 and a Current Ratio set at 45.33.
An analysis of Institutional ownership at Trump Media & Technology Group Corp [DJT]
There are presently around $11.64%, or 24.86%% 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%.
