$3.50M in average volume shows that Trade Desk Inc (TTD) is heading in the right direction

Trade Desk Inc (NASDAQ: TTD) kicked off on Monday, up 3.89% from the previous trading day, before settling in for the closing price of $121.84. Over the past 52 weeks, TTD has traded in a range of $61.47-$141.53.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 31.20%. While this was happening, its average annual earnings per share was recorded 29.81%. With a float of $446.32 million, this company’s outstanding shares have now reached $449.53 million.

Considering the fact that the conglomerate employs 3115 people, you should pay attention to its efficiency factor. 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

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 9.57%, while institutional ownership is 71.43%. The most recent insider transaction that took place on Dec 30 ’24, was worth 513,316. In this transaction Chief Strategy Officer of this company sold 4,297 shares at a rate of $119.46, taking the stock ownership to the 90,709 shares. Before that another transaction happened on Dec 30 ’24, when Company’s Chief Legal Officer sold 18,524 for $119.35, making the entire transaction worth $2,210,755. This insider now owns 169,464 shares in total.

Trade Desk Inc (TTD) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 29.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.00% 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 27.05. Likewise, its price to free cash flow for the trailing twelve months is 118.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 1.93 in one year’s time.

Technical Analysis of Trade Desk Inc (TTD)

Compared to the last year’s volume of 2.88 million, its volume of 2.71 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.95%. Additionally, its Average True Range was 4.01.

During the past 100 days, Trade Desk Inc’s (TTD) raw stochastic average was set at 66.10%, which indicates a significant increase from 50.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.82% in the past 14 days, which was higher than the 32.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $126.46, while its 200-day Moving Average is $104.37. Nevertheless, the first resistance level for the watch stands at $128.26 in the near term. At $129.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $132.30. If the price goes on to break the first support level at $124.23, it is likely to go to the next support level at $121.87. Should the price break the second support level, the third support level stands at $120.19.

Trade Desk Inc (NASDAQ: TTD) Key Stats

The company with the Market Capitalisation of 62.48 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.