Trump Media & Technology Group Corp. (DJT) distance from 200-day Simple Moving Average is $34.03: Right on the Precipice

Trump Media & Technology Group Corp. (NASDAQ: DJT) open the trading on Thursday, with great promise as it jumped 2.47% to $17.40, before settling in for the price of $16.98 at the close. Taking a more long-term approach, DJT posted a 52-week range of $14.32-$79.38.

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The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 0.00%. This publicly-traded company’s shares outstanding now amounts to $200.16 million, simultaneously with a float of $60.45 million. The organization now has a market capitalization sitting at $3.48 billion. At the time of writing, stock’s 50-day Moving Average stood at $27.89, while the 200-day Moving Average is $34.03.

Trump Media & Technology Group Corp. (DJT) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Internet Content & Information industry. Trump Media & Technology Group Corp.’s current insider ownership accounts for 69.80%, in contrast to 6.45% institutional ownership. According to the most recent insider trade that took place on Aug 22 ’24, this organization’s Chief Technology Officer sold 7,801 shares at the rate of 22.70, making the entire transaction reach 177,083 in total value, affecting insider ownership by 37,199. Preceding that transaction, on Aug 22 ’24, Company’s CFO and Treasurer sold 84,941 for 22.70, making the whole transaction’s value amount to 1,928,161. This particular insider is now the holder of 405,059 in total.

Trump Media & Technology Group Corp. (NASDAQ: DJT) Trading Performance Indicators

Let’s observe the current performance indicators for Trump Media & Technology Group Corp. (DJT). It’s Quick Ratio in the last reported quarter now stands at 24.73. The Stock has managed to achieve an average true range (ATR) of 1.76. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2163.22.

In the same vein, DJT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.09.

Technical Analysis of Trump Media & Technology Group Corp. (DJT)

[Trump Media & Technology Group Corp., DJT] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 5.13% While, its Average True Range was 1.52.

Raw Stochastic average of Trump Media & Technology Group Corp. (DJT) in the period of the previous 100 days is set at 1.76%, which indicates a major fall in contrast to 8.35% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 74.48% that was lower than 117.70% volatility it exhibited in the past 100-days period.