The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Trump Media & Technology Group Corp’s current trading price is -64.41% away from its 52-week high, while its distance from the 52-week low is 140.43%. The stock’s price range for this period has been between $11.75 and $79.38 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 4.31 million for the day, a number notably lower than the average daily volume of 11.24 million over the last three months.
Trump Media & Technology Group Corp saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $79.38 on 03/26/24, while the lowest price for the same duration was marked at $11.75 on 09/24/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Trump Media & Technology Group Corp (DJT) has experienced a quarterly rise of 4.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.22B and boasts a workforce of 29 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 31.64, with a change in price of +15.46. Similarly, Trump Media & Technology Group Corp recorded 29,383,592 in trading volume during the last 100 days, posting a change of +120.88%.
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 DJT stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
DJT Stock Stochastic Average
As of today, Trump Media & Technology Group Corp’s raw stochastic average for the last 50 days stands at 0.20%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 0.41%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 4.49% and 7.01%, respectively.
DJT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -17.16% this year. Over the last six months, there has been a weaker performance of 22.51%. The price of DJT leaped by -29.43% during the last 30 days period. For the last 5-days stocks have slided -6.89%.