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Trump Media & Technology Group Corp Inc. (DJT) Price Performance: A Technical Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 17.72%. However, over the last six months, the performance has been weaker by 29.95%. The price of DJT increased 17.51% over the last 30 days. And in the last five days, it has surged by 15.95%.

Trump Media & Technology Group Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $79.38 on 03/26/24, and the lowest price during that time was $11.75, recorded on 09/24/24.

52-week price history of DJT Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Trump Media & Technology Group Corp’s current trading price is -49.43% away from its 52-week high, while its distance from the 52-week low is 241.63%. The stock’s price range for this period has been between $11.75 and $79.38. The Communication Services sector company’s shares saw a trading volume of about 19.52 million for the day, which was lower than the average daily volume of 38.18 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Trump Media & Technology Group Corp (DJT) has experienced a quarterly rise of 66.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.71B and boasts a workforce of 36 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 27.96, with a change in price of +18.14. Similarly, Trump Media & Technology Group Corp recorded 29,199,381 in trading volume during the last 100 days, posting a change of +81.56%.

DJT’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for DJT stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.

DJT Stock Stochastic Average

As of today, the raw stochastic average of Trump Media & Technology Group Corp over the past 50 days is 59.63%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 95.02%. Additionally, the Stochastic %K and %D values for the company were 55.68% and 41.09%, respectively, over the past 20 days.

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