With 194.72M Outstanding Shares, Can Trump Media & Technology Group Corp. (NASDAQ: DJT) Deliver Big Short-Term Gains?

Trump Media & Technology Group Corp. (NASDAQ:DJT) currently has a daily average trading volume of 7.37M but it saw 6297612 shares traded in last market. With a market cap of 4.42B USD, the company’s current market price of $22.70 came falling about -6.20 while comparing to the previous closing price of $24.20. 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 $22.67 while lowest mark touched by it was $25.08.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $25.90, while its current price level is -71.40% below from 52-week high level whereas it is 73.15% 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 $30.51 while that of 200 days or SMA-200 reads an average of $33.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.94% during that period while stretching the period over a month that decreases to 6.88%. 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 36.58 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving -3.69% down while it is -25.87% when we observe its performance for the past one month. Year-to-date it is 29.71% up and over the past year, the stock is showing an upside performance of 53.17%.

Currently, Trump Media & Technology Group Corp.’s total number of outstanding shares is 194.72M. Company’s return on investment (ROI) stands at -104.63% and return on equity (ROE) at -119.07%. Stock’s beta reads 5.93. Stock has a price to book (P/B) ratio of 12.72 while price to sale or P/S ratio amounts to 2745.43. Its return on asset (ROA) is -107.88% on average.