Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Trade Desk Inc’s current trading price is -11.56% away from its 52-week high, while its distance from the 52-week low is 40.04%. The stock’s price range over this period has fluctuated between $59.36 and $94.00. The company, operating within the financial sector, had a trading volume of approximately 2.5 million for the day, which was noticeably lower than the average daily share volume of 4.38 million over the last 3 months.
Trade Desk Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $94.00 on 02/16/24, while the lowest value for the same period was recorded at $59.36 on 04/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Trade Desk Inc (TTD) has experienced a quarterly rise of 19.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.65B and boasts a workforce of 3115 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 76.58, with a change in price of +13.15. Similarly, Trade Desk Inc recorded 4,430,293 in trading volume during the last 100 days, posting a change of +18.68%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TTD stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.08.
TTD Stock Stochastic Average
Today, Trade Desk Inc’s raw stochastic average for the past 50 days stands at 54.19%, indicating a decline from the raw stochastic average of the last 20 days, which was 59.21%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 35.89% and 21.13% respectively.
TTD Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 15.52% this year. Over the last six months, there has been a weaker performance of 12.89%. The price of TTD leaped by -5.05% during the last 30 days period. For the last 5-days stocks have improved 3.74%.
