Can Trump Media & Technology Group Corp’s (DJT) hike of 5.33% in a week be considered a lucky break?

A new trading day began on Friday, with Trump Media & Technology Group Corp (NASDAQ: DJT) stock price up 1.08% from the previous day of trading, before settling in for the closing price of $36.20. DJT’s price has ranged from $11.75 to $79.38 over the past 52 weeks.

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With a float of $99.54 million, this company’s outstanding shares have now reached $214.39 million.

Let’s look at the performance matrix of the company that is accounted for 36 employees. In terms of profitability, gross margin is 68.53%, operating margin of -4304.63%, and the pretax margin is -10808.93%.

Trump Media & Technology Group Corp (DJT) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Trump Media & Technology Group Corp is 54.11%, while institutional ownership is 6.96%. The most recent insider transaction that took place on Nov 08 ’24, was worth 512,368. In this transaction General Counsel and Secretary of this company sold 15,917 shares at a rate of $32.19, taking the stock ownership to the 336,576 shares. Before that another transaction happened on Nov 08 ’24, when Company’s CFO and Treasurer sold 320,000 for $30.65, making the entire transaction worth $9,808,000. This insider now owns 329,798 shares in total.

Trump Media & Technology Group Corp (DJT) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

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

Here are Trump Media & Technology Group Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 47.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3062.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.85

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

Trump Media & Technology Group Corp (NASDAQ: DJT) saw its 5-day average volume 11.94 million, a negative change from its year-to-date volume of 15.85 million. As of the previous 9 days, the stock’s Stochastic %D was 84.06%. Additionally, its Average True Range was 2.98.

During the past 100 days, Trump Media & Technology Group Corp’s (DJT) raw stochastic average was set at 57.86%, which indicates a significant decrease from 86.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.45% in the past 14 days, which was lower than the 125.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.84, while its 200-day Moving Average is $33.60. Nevertheless, the first resistance level for the watch stands at $37.27 in the near term. At $37.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.55. If the price goes on to break the first support level at $35.99, it is likely to go to the next support level at $35.39. The third support level lies at $34.71 if the price breaches the second support level.

Trump Media & Technology Group Corp (NASDAQ: DJT) Key Stats

With a market capitalization of 8.02 billion, the company has a total of 216,924K Shares Outstanding. Currently, annual sales are 1,471 K while annual income is -21,890 K. The company’s previous quarter sales were 1,010 K while its latest quarter income was -19,250 K.