Trump Media & Technology Group Corp. (NASDAQ: DJT) Recovers 9.08% From 52-Week Low, Is DJT Still A High-Risk, High-Reward Play?

Trump Media & Technology Group Corp. (NASDAQ:DJT) currently has a daily average trading volume of 9.00M but it saw 8318423 shares traded in last market. With a market cap of 3.13B USD, the company’s current market price of $15.62 came falling about -3.22 while comparing to the previous closing price of $16.14. 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 $15.41 while lowest mark touched by it was $16.15.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $18.89, while its current price level is -80.32% below from 52-week high level whereas it is 9.08% 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 $25.08 while that of 200 days or SMA-200 reads an average of $34.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.94% during that period while stretching the period over a month that decreases to 8.71%. 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 31.98 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving -6.35% down while it is -29.77% when we observe its performance for the past one month. Year-to-date it is -10.74% down and over the past year, the stock is showing a downside performance of -1.45%.

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 5.92. Stock has a price to book (P/B) ratio of 8.75 while price to sale or P/S ratio amounts to 1941.92. Its return on asset (ROA) is -107.88% on average.