Trade Desk Inc: Buy, Hold, or Sell? Analysts Weigh In Amid Market Challenges

Trade Desk Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $100.29 on 07/09/24 and a low of $60.23 for the same time frame on 11/10/23.

52-week price history of TTD Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Trade Desk Inc’s current trading price is 1.23% away from its 52-week high, while its distance from the 52-week low is 68.55%. The stock’s price range during the 52-week period has remained between $60.23 and $100.29. In the Technology sector, the company’s shares saw a trading volume of around 4.14 million for the day, which was evidently higher than the average daily volume of 3.45 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Trade Desk Inc (TTD) has experienced a quarterly rise of 17.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 49.66B and boasts a workforce of 3115 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 88.38, with a change in price of +28.58. Similarly, Trade Desk Inc recorded 3,953,715 in trading volume during the last 100 days, posting a change of +39.18%.

Examining TTD’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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

As of today, Trade Desk Inc’s raw stochastic average for the last 50 days stands at 99.47%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 99.08%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 94.10% and 92.97%, respectively.

TTD Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 41.08%. However, over the past six months, we’ve seen a weaker performance of 50.09%. The price of TTD fallen by 4.46% over the last 30 days. And in the last five days, it has surged by 3.62%.

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