A new trading day began on Tuesday, with Trade Desk Inc (NASDAQ: TTD) stock price up 1.79% from the previous day of trading, before settling in for the closing price of $132.65. TTD’s price has ranged from $61.47 to $141.53 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 32.66%. Meanwhile, its annual earnings per share averaged 30.11%. With a float of $447.02 million, this company’s outstanding shares have now reached $449.53 million.
Let’s determine the extent of company efficiency that accounts for 3115 employees. 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 Activity
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 9.43%, while institutional ownership is 71.40%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 30.11% 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
Here are Trade Desk Inc’s current performance indicators. According to the last quarter’s results, the 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 28.85. Likewise, its price to free cash flow for the trailing twelve months is 126.23.
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)
Looking closely at Trade Desk Inc (NASDAQ: TTD), its last 5-days average volume was 3.41 million, which is a drop from its year-to-date volume of 3.84 million. As of the previous 9 days, the stock’s Stochastic %D was 25.49%. Additionally, its Average True Range was 4.04.
During the past 100 days, Trade Desk Inc’s (TTD) raw stochastic average was set at 89.89%, which indicates a significant increase from 59.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.72% in the past 14 days, which was lower than the 37.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $125.15, while its 200-day Moving Average is $101.82. However, in the short run, Trade Desk Inc’s stock first resistance to watch stands at $137.18. Second resistance stands at $139.34. The third major resistance level sits at $142.26. If the price goes on to break the first support level at $132.10, it is likely to go to the next support level at $129.18. Should the price break the second support level, the third support level stands at $127.02.
Trade Desk Inc (NASDAQ: TTD) Key Stats
With a market capitalization of 66.64 billion, the company has a total of 493,574K Shares Outstanding. Currently, annual sales are 1,946 M while annual income is 178,940 K. The company’s previous quarter sales were 628,020 K while its latest quarter income was 94,160 K.