Trump Media & Technology Group Corp (NASDAQ: DJT) on Tuesday, plunged -4.67% from the previous trading day, before settling in for the closing price of $26.99. Within the past 52 weeks, DJT’s price has moved between $11.75 and $79.38.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -3.10%. With a float of $99.23 million, this company’s outstanding shares have now reached $220.66 million.
Let’s determine the extent of company efficiency that accounts for 29 employees. In terms of profitability, gross margin is 61.73%, operating margin of -5140.9%, and the pretax margin is -11077.29%.
Trump Media & Technology Group Corp (DJT) Insider Activity
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 54.26%, while institutional ownership is 11.70%. 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) Earnings and Forecasts
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 45.33 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 1564.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.97
Technical Analysis of Trump Media & Technology Group Corp (DJT)
Looking closely at Trump Media & Technology Group Corp (NASDAQ: DJT), its last 5-days average volume was 4.91 million, which is a drop from its year-to-date volume of 9.82 million. As of the previous 9 days, the stock’s Stochastic %D was 9.00%. Additionally, its Average True Range was 1.79.
During the past 100 days, Trump Media & Technology Group Corp’s (DJT) raw stochastic average was set at 27.28%, which indicates a significant increase from 6.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.66% in the past 14 days, which was lower than the 122.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.77, while its 200-day Moving Average is $31.78. However, in the short run, Trump Media & Technology Group Corp’s stock first resistance to watch stands at $26.70. Second resistance stands at $27.67. The third major resistance level sits at $28.40. If the price goes on to break the first support level at $25.00, it is likely to go to the next support level at $24.27. Should the price break the second support level, the third support level stands at $23.30.
Trump Media & Technology Group Corp (NASDAQ: DJT) Key Stats
Market capitalization of the company is 5.66 billion based on 220,065K outstanding shares. Right now, sales total 3,620 K and income totals -400,870 K. The company made 1,010 K in profit during its latest quarter, and -19,250 K in sales during its previous quarter.
