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 7.66M but it saw 5353357 shares traded in last market. With a market cap of 3.40B USD, the company’s current market price of $16.98 came falling about -6.08 while comparing to the previous closing price of $18.08. 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 $16.955 while lowest mark touched by it was $18.23.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $22.42, while its current price level is -78.61% below from 52-week high level whereas it is 18.58% 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 $28.27 while that of 200 days or SMA-200 reads an average of $34.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.29% during that period while stretching the period over a month that decreases to 6.77%. 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 24.89 which implies that the stock is in oversold territory.

Over the week, DJT’s stock price is moving -19.10% down while it is -37.06% when we observe its performance for the past one month. Year-to-date it is -2.97% down and over the past year, the stock is showing an upside performance of 2.85%.

Currently, Trump Media & Technology Group Corp.’s total number of outstanding shares is 200.16M. Company’s return on investment (ROI) stands at -104.63% and return on equity (ROE) at -119.07%. Stock’s beta reads 5.90. Stock has a price to book (P/B) ratio of 9.52 while price to sale or P/S ratio amounts to 2111.00. Its return on asset (ROA) is -107.88% on average.