Trade Desk Inc (NASDAQ: TTD) kicked off on Monday, down -3.12% from the previous trading day, before settling in for the closing price of $139.11. Over the past 52 weeks, TTD has traded in a range of $61.47-$141.53.
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A company in the Technology sector has jumped its sales by 32.66% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 30.30%. With a float of $447.01 million, this company’s outstanding shares have now reached $449.53 million.
In an organization with 3115 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 81.06%, operating margin of 16.29%, and the pretax margin is 19.33%.
Trade Desk Inc (TTD) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Trade Desk Inc is 9.43%, while institutional ownership is 71.42%. The most recent insider transaction that took place on Nov 29 ’24, was worth 2,829,525. In this transaction Chief Strategy Officer of this company sold 22,062 shares at a rate of $128.25, taking the stock ownership to the 90,709 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Officer proposed sale 22,062 for $128.25, making the entire transaction worth $2,829,541.
Trade Desk Inc (TTD) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 30.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.33% 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
Take a look at Trade Desk Inc’s (TTD) current performance indicators. Last quarter, stock had a quick ratio of 1.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 29.38. Likewise, its price to free cash flow for the trailing twelve months is 128.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 1.93 in one year’s time.
Technical Analysis of Trade Desk Inc (TTD)
Let’s dig in a bit further. During the last 5-days, its volume was 3.68 million. That was inferior than the volume of 3.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.97%. Additionally, its Average True Range was 4.54.
During the past 100 days, Trade Desk Inc’s (TTD) raw stochastic average was set at 89.51%, which indicates a significant increase from 73.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.30% in the past 14 days, which was lower than the 42.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $122.40, while its 200-day Moving Average is $100.35. However, in the short run, Trade Desk Inc’s stock first resistance to watch stands at $137.41. Second resistance stands at $140.04. The third major resistance level sits at $142.90. If the price goes on to break the first support level at $131.92, it is likely to go to the next support level at $129.06. The third support level lies at $126.43 if the price breaches the second support level.
Trade Desk Inc (NASDAQ: TTD) Key Stats
The company with the Market Capitalisation of 67.86 billion has total of 493,574K Shares Outstanding. Its annual sales at the moment are 1,946 M in contrast with the sum of 178,940 K annual income. Company’s last quarter sales were recorded 628,020 K and last quarter income was 94,160 K.
