Trump Media & Technology Group Corp (NASDAQ: DJT): Think Like A Lender, Not An Investor

Trump Media & Technology Group Corp (NASDAQ:DJT) currently has a daily average trading volume of 40.94M but it saw 15709700 shares traded in last market. With a market cap of 7.85B USD, the company’s current market price of $36.20 came falling about -0.08 while comparing to the previous closing price of $36.23. 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 $35.28 while lowest mark touched by it was $37.61.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp (DJT) gives us an average price of $32.21, while its current price level is -54.40% below from 52-week high level whereas it is 208.09% 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 $31.43 while that of 200 days or SMA-200 reads an average of $33.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.96% during that period while stretching the period over a month that increases to 8.01%. 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 58.68 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving 7.29% up while it is 18.81% when we observe its performance for the past one month. Year-to-date it is 106.86% up and over the past year, the stock is showing an upside performance of 106.86%.

Currently, Trump Media & Technology Group Corp’s total number of outstanding shares is 214.39M. Company’s return on investment (ROI) stands at -44.34% and return on equity (ROE) at -68.68%. Stock’s beta reads 5.30. Stock has a price to book (P/B) ratio of 9.50 while price to sale or P/S ratio amounts to 2997.20. Its return on asset (ROA) is -63.59% on average.