Trump Media & Technology Group Corp (NASDAQ: DJT) on Monday, plunged -3.26% from the previous trading day, before settling in for the closing price of $31.86. Within the past 52 weeks, DJT’s price has moved between $11.75 and $79.38.
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With a float of $99.54 million, this company’s outstanding shares have now reached $214.39 million.
In an organization with 36 employees, it is important to assess its efficiency. 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 Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Trump Media & Technology Group Corp is 54.11%, while institutional ownership is 7.00%. 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) Performance Highlights and Predictions
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
Trump Media & Technology Group Corp (DJT) is currently performing well based on its current performance indicators. A quick ratio of 47.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2551.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.85
Technical Analysis of Trump Media & Technology Group Corp (DJT)
Let’s dig in a bit further. During the last 5-days, its volume was 8.81 million. That was inferior than the volume of 13.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.99%. Additionally, its Average True Range was 2.60.
During the past 100 days, Trump Media & Technology Group Corp’s (DJT) raw stochastic average was set at 44.42%, which indicates a significant increase from 11.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.81% in the past 14 days, which was lower than the 128.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.45, while its 200-day Moving Average is $32.54. However, in the short run, Trump Media & Technology Group Corp’s stock first resistance to watch stands at $31.35. Second resistance stands at $31.87. The third major resistance level sits at $32.55. If the price goes on to break the first support level at $30.15, it is likely to go to the next support level at $29.47. Assuming the price breaks the second support level, the third support level stands at $28.95.
Trump Media & Technology Group Corp (NASDAQ: DJT) Key Stats
Market capitalization of the company is 6.69 billion based on 216,924K outstanding shares. Right now, sales total 1,471 K and income totals -21,890 K. The company made 1,010 K in profit during its latest quarter, and -19,250 K in sales during its previous quarter.
