Trade Desk Inc (NASDAQ: TTD) on Tuesday, soared 0.38% from the previous trading day, before settling in for the closing price of $97.97. Within the past 52 weeks, TTD’s price has moved between $60.23 and $99.54.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 32.66%. The company achieved an average annual earnings per share of 18.44%. With a float of $441.53 million, this company’s outstanding shares have now reached $445.00 million.
Let’s determine the extent of company efficiency that accounts for 3115 employees.
Trade Desk Inc (TTD) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Trade Desk Inc is 9.73%, while institutional ownership is 68.45%. The most recent insider transaction that took place on Jun 28 ’24, was worth 13,778,463. In this transaction Chief Legal Officer of this company sold 141,434 shares at a rate of $97.42, taking the stock ownership to the 188,236 shares. Before that another transaction happened on Jun 21 ’24, when Company’s Director sold 2,415 for $97.92, making the entire transaction worth $236,477. This insider now owns 34,056 shares in total.
Trade Desk Inc (TTD) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 18.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.00% during the next five years compared to 13.20% growth over the previous five years of trading.
Trade Desk Inc (NASDAQ: TTD) Trading Performance Indicators
Trade Desk Inc (TTD) is currently performing well based on its current performance indicators. A quick ratio of 1.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 23.41. Likewise, its price to free cash flow for the trailing twelve months is 87.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.40, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.76 in one year’s time.
Technical Analysis of Trade Desk Inc (TTD)
Looking closely at Trade Desk Inc (NASDAQ: TTD), its last 5-days average volume was 3.18 million, which is a drop from its year-to-date volume of 4.21 million. As of the previous 9 days, the stock’s Stochastic %D was 67.33%. Additionally, its Average True Range was 2.67.
During the past 100 days, Trade Desk Inc’s (TTD) raw stochastic average was set at 96.12%, which indicates a significant increase from 77.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.37% in the past 14 days, which was lower than the 43.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.26, while its 200-day Moving Average is $79.93. However, in the short run, Trade Desk Inc’s stock first resistance to watch stands at $99.25. Second resistance stands at $100.16. The third major resistance level sits at $101.32. If the price goes on to break the first support level at $97.18, it is likely to go to the next support level at $96.02. Now, if the price goes above the second support level, the third support stands at $95.11.
Trade Desk Inc (NASDAQ: TTD) Key Stats
Market capitalization of the company is 48.10 billion based on 489,127K outstanding shares. Right now, sales total 1,946 M and income totals 178,940 K. The company made 491,250 K in profit during its latest quarter, and 31,660 K in sales during its previous quarter.
