Trump Media & Technology Group Corp. (NASDAQ: DJT) Now $11.75 Higher From Its Low (2.38), Does It Still Have A Growth Story?

Trump Media & Technology Group Corp. (NASDAQ:DJT) currently has a daily average trading volume of 9.23M but it saw 25423940 shares traded in last market. With a market cap of 2.83B USD, the company’s current market price of $14.13 came rising about 10.48 while comparing to the previous closing price of $12.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $79.38 and as low as $11.75. In the recent trading on the day, stock has struck highest price mark of $13.0 while lowest mark touched by it was $14.48.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $16.64, while its current price level is -82.20% below from 52-week high level whereas it is 20.26% 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 $23.09 while that of 200 days or SMA-200 reads an average of $33.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.51% during that period while stretching the period over a month that decreases to 8.86%. 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 34.90 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving -9.54% down while it is -34.94% when we observe its performance for the past one month. Year-to-date it is -19.26% down and over the past year, the stock is showing a downside performance of -14.26%.

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 5.85. Stock has a price to book (P/B) ratio of 7.92 while price to sale or P/S ratio amounts to 1756.68. Its return on asset (ROA) is -107.88% on average.