A new trading day began on Tuesday, with Trade Desk Inc (NASDAQ: TTD) stock price up 0.62% from the previous day of trading, before settling in for the closing price of $118.21. TTD’s price has ranged from $60.23 to $119.50 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 32.66%. Meanwhile, its annual earnings per share averaged 28.17%. With a float of $446.32 million, this company’s outstanding shares have now reached $492.91 million.
The extent of productivity of a business whose workforce counts for 3115 workers is very important to gauge. In terms of profitability, gross margin is 81.23%, operating margin of 14.05%, and the pretax margin is 17.3%.
Trade Desk Inc (TTD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Trade Desk Inc is 9.45%, while institutional ownership is 70.02%. The most recent insider transaction that took place on Oct 22 ’24, was worth 3,010,750. Before that another transaction happened on Oct 21 ’24, when Company’s Director proposed sale 1,355 for $117.89, making the entire transaction worth $159,741.
Trade Desk Inc (TTD) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 28.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.83% 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
Here are Trade Desk Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 26.96. Likewise, its price to free cash flow for the trailing twelve months is 119.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.51, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.88 in one year’s time.
Technical Analysis of Trade Desk Inc (TTD)
The latest stats from [Trade Desk Inc, TTD] show that its last 5-days average volume of 2.07 million was inferior to 3.8 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 79.44%. Additionally, its Average True Range was 2.80.
During the past 100 days, Trade Desk Inc’s (TTD) raw stochastic average was set at 95.79%, which indicates a significant increase from 85.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.11% in the past 14 days, which was lower than the 39.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $107.87, while its 200-day Moving Average is $91.30. Now, the first resistance to watch is $120.94. This is followed by the second major resistance level at $122.95. The third major resistance level sits at $125.11. If the price goes on to break the first support level at $116.77, it is likely to go to the next support level at $114.61. Assuming the price breaks the second support level, the third support level stands at $112.60.
Trade Desk Inc (NASDAQ: TTD) Key Stats
With a market capitalization of 58.63 billion, the company has a total of 489,127K Shares Outstanding. Currently, annual sales are 1,946 M while annual income is 178,940 K. The company’s previous quarter sales were 584,550 K while its latest quarter income was 85,030 K.
