Trump Media & Technology Group Corp [NASDAQ: DJT] gained 2.40% on the last trading session, reaching $21.33 price per share at the time.
If compared to the average trading volume of 5.76M shares, DJT reached a trading volume of 23594064 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 1.64, with the Price to Sales ratio for DJT stock in the period of the last 12 months amounting to 1282.27. The Price to Book ratio for the last quarter was 5.28, with the Price to Cash per share for the same quarter was set at 3.44.
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 -13.22. With this latest performance, DJT shares dropped by -13.08% in over the last four-week period, additionally sinking by -30.63% over the last 6 months – not to mention a drop of -57.28% 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 39.06, with the RSI for the last a single of trading hit 33.16, and the three-weeks RSI is set at 42.54 for Trump Media & Technology Group Corp [DJT]. The present Moving Average for the last 50 days of trading for this stock 22.49, while it was recorded at 22.48 for the last single week of trading, and 26.54 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 38.41 and a Current Ratio set at 38.41.
An analysis of Institutional ownership at Trump Media & Technology Group Corp [DJT]
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%.
