A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -36.04%.However, over the last six months, we can see a stronger performance of -52.70%. Over the last 30 days, the price of TTD has leaped by -29.43%. And in the last five days, it has fallen by -37.00%.
Trade Desk Inc (TTD) currently has a stock price of $54.23. The stock saw a sharp increase in the last trading session, hitting a high of $135.0 after opening at $54.23. The lowest recorded price for the day was $47.0 before it closed at $88.33.
Trade Desk Inc’s stock has had a tumultuous market performance.
52-week price history of TTD Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Trade Desk Inc’s current trading price is -61.68% away from its 52-week high, while its distance from the 52-week low is 26.23%. The stock’s price range over this timeframe has been between $42.96 and $141.53. The shares of the Communication Services sector company recorded a trading volume of approximately 104.92 million for the day, which was comparatively higher than the average daily volume of 11.22 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Trade Desk Inc (TTD) has experienced a quarterly decline of -9.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.51B and boasts a workforce of 3522 employees.
Expert Opinions: Analysts’ Ratings for Trade Desk Inc
As of right now, 19 analysts are rating Trade Desk Inc as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
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 67.83, with a change in price of -2.27. Similarly, Trade Desk Inc recorded 11,616,386 in trading volume during the last 100 days, posting a change of -4.02%.
TTD’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 TTD stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.10.
TTD Stock Stochastic Average
Trade Desk Inc’s raw stochastic average for the past 50 days is currently at 2.74%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 2.74%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 59.11% and 79.04%, respectively.
