Ideas And Forecasts On Trump Media & Technology Group Corp. (NASDAQ: DJT)

Trump Media & Technology Group Corp. (NASDAQ:DJT) currently has a daily average trading volume of 7.87M but it saw 4165523 shares traded in last market. With a market cap of 5.90B USD, the company’s current market price of $31.05 came rising about 1.40 while comparing to the previous closing price of $30.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $79.38 and as low as $13.11.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $32.99, while its current price level is -60.88% below from 52-week high level whereas it is 136.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $39.12 while that of 200 days or SMA-200 reads an average of $32.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.82% during that period while stretching the period over a month that increases to 9.26%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.89 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving -16.93% down while it is -14.63% when we observe its performance for the past one month. Year-to-date it is 77.43% up and over the past year, the stock is showing an upside performance of 90.02%.

Currently, Trump Media & Technology Group Corp.’s total number of outstanding shares is 189.94M. Company’s return on investment (ROI) stands at -166.69% and return on equity (ROE) at -146.60%. Stock’s beta reads 6.01. Stock has a price to book (P/B) ratio of 20.19 while price to sale or P/S ratio amounts to 7659.27. Its return on asset (ROA) is -121.32% on average.