Trump Media & Technology Group Corp. (DJT) Down -66.82% From Its 52-Week High, But Growth Potential Is Changing Over Time

Trump Media & Technology Group Corp. (NASDAQ:DJT) currently has a daily average trading volume of 7.27M but it saw 2539482 shares traded in last market. With a market cap of 5.00B USD, the company’s current market price of $26.34 came rising about 2.41 while comparing to the previous closing price of $25.72. 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. In the recent trading on the day, stock has struck highest price mark of $25.1 while lowest mark touched by it was $26.66.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $31.41, while its current price level is -66.82% below from 52-week high level whereas it is 100.92% 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 $35.04 while that of 200 days or SMA-200 reads an average of $33.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.29% during that period while stretching the period over a month that decreases to 7.40%. 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 37.96 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving -3.16% down while it is -8.54% when we observe its performance for the past one month. Year-to-date it is 50.51% up and over the past year, the stock is showing an upside performance of 73.86%.

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 5.90. Stock has a price to book (P/B) ratio of 17.12 while price to sale or P/S ratio amounts to 6497.43. Its return on asset (ROA) is -121.32% on average.