Look Past The Setbacks And Give Trump Media & Technology Group Corp (NASDAQ: DJT) Another Chance

Trump Media & Technology Group Corp (NASDAQ:DJT) currently has a daily average trading volume of 39.09M but it saw 13595947 shares traded in last market. With a market cap of 6.53B USD, the company’s current market price of $30.10 came rising about 0.77 while comparing to the previous closing price of $29.87. 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 $30.0 while lowest mark touched by it was $31.45.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp (DJT) gives us an average price of $34.16, while its current price level is -62.08% below from 52-week high level whereas it is 156.17% 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 $26.05 while that of 200 days or SMA-200 reads an average of $34.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.72% during that period while stretching the period over a month that increases to 17.03%. 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 49.24 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving 4.04% up while it is -12.47% when we observe its performance for the past one month. Year-to-date it is 72.00% up and over the past year, the stock is showing an upside performance of 81.11%.

Currently, Trump Media & Technology Group Corp’s total number of outstanding shares is 216.92M. Company’s return on investment (ROI) stands at -44.34% and return on equity (ROE) at -68.68%. Stock’s beta reads 5.44. Stock has a price to book (P/B) ratio of 7.90 while price to sale or P/S ratio amounts to 2492.15. Its return on asset (ROA) is -63.59% on average.