Trump Media & Technology Group Corp. (NASDAQ: DJT) Now $14.32 Higher From Its Low (5.78), Does It Still Have A Growth Story?

Trump Media & Technology Group Corp. (NASDAQ:DJT) currently has a daily average trading volume of 7.52M but it saw 5089339 shares traded in last market. With a market cap of 4.02B USD, the company’s current market price of $20.10 came falling about -4.24 while comparing to the previous closing price of $20.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $79.38 and as low as $14.32. In the recent trading on the day, stock has struck highest price mark of $19.38 while lowest mark touched by it was $20.73.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $24.22, while its current price level is -74.68% below from 52-week high level whereas it is 40.36% 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 $29.17 while that of 200 days or SMA-200 reads an average of $33.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.89% during that period while stretching the period over a month that increases to 7.00%. 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 31.10 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving -16.94% down while it is -30.16% when we observe its performance for the past one month. Year-to-date it is 14.86% up and over the past year, the stock is showing an upside performance of 33.73%.

Currently, Trump Media & Technology Group Corp.’s total number of outstanding shares is 200.16M with 67.83% of that held by the insiders while 6.57% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -104.63% and return on equity (ROE) at -119.07%. Stock’s beta reads 5.92. Stock has a price to book (P/B) ratio of 11.26 while price to sale or P/S ratio amounts to 2498.89. Its return on asset (ROA) is -107.88% on average.