Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Trade Desk Inc’s current trading price is -14.72% away from its 52-week high, while its distance from the 52-week low is 81.33%. The stock’s price range during this period has varied between $66.56 and $141.53. The company, active in the Technology sector, saw a trading volume of around 4.62 million for the day, considerably higher average daily volume of 3.7 million observed over the last three months.
Trade Desk Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $141.53 on 12/04/24, and the lowest price during the same period was recorded at $66.56 on 02/05/24.
How Financial Performance Impacts Market Capitalization
Trade Desk Inc (TTD) has experienced a quarterly rise of 1.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.57B and boasts a workforce of 3115 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 119.16, with a change in price of +16.77. Similarly, Trade Desk Inc recorded 3,248,189 in trading volume during the last 100 days, posting a change of +16.14%.
How TTD’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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 0.09.
TTD Stock Stochastic Average
As of today, the raw stochastic average of Trade Desk Inc over the past 50 days is 18.85%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 41.23%. Additionally, the Stochastic %K and %D values for the company were 47.95% and 44.47%, respectively, over the past 20 days.
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. Year to date metric has recorded a gain of 2.69%.However, over the last six months, we can see a weaker performance of 20.16%. Over the last 30 days, the price of TTD has leaped by -5.66%. And in the last five days, it has surged by 3.37%.
