Are Analysts Too Bullish On Trump Media & Technology Group Corp. (DJT)

Trump Media & Technology Group Corp. (NASDAQ:DJT) currently has a daily average trading volume of 9.53M but it saw 11450800 shares traded in last market. With a market cap of 3.16B USD, the company’s current market price of $15.81 came falling about -2.17 while comparing to the previous closing price of $16.16. 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 $15.07 while lowest mark touched by it was $16.33.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp. (DJT) gives us an average price of $15.75, while its current price level is -80.08% below from 52-week high level whereas it is 34.55% 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 $21.09 while that of 200 days or SMA-200 reads an average of $33.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.66% during that period while stretching the period over a month that decreases to 9.59%. 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 43.44 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving 11.89% up while it is -12.56% when we observe its performance for the past one month. Year-to-date it is -9.66% down and over the past year, the stock is showing an upside performance of 2.46%.

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 5.84. Stock has a price to book (P/B) ratio of 8.86 while price to sale or P/S ratio amounts to 1965.55. Its return on asset (ROA) is -107.88% on average.