The Week Ahead: Are Investors Really Too Optimistic About Trump Media & Technology Group Corp (NASDAQ: DJT)

Trump Media & Technology Group Corp (NASDAQ:DJT) currently has a daily average trading volume of 10.93M but it saw 4818439 shares traded in last market. With a market cap of 6.13B USD, the company’s current market price of $27.84 came falling about -1.45 while comparing to the previous closing price of $28.25. 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.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp (DJT) gives us an average price of $30.75, while its current price level is -64.93% below from 52-week high level whereas it is 136.94% 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 $34.12 while that of 200 days or SMA-200 reads an average of $32.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.19% during that period while stretching the period over a month that increases to 4.75%. 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 34.56 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving -8.51% down while it is -21.78% when we observe its performance for the past one month. Year-to-date it is -18.36% down and over the past year, the stock is showing a downside performance of -42.65%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Trump Media & Technology Group Corp’s total number of outstanding shares is 220.66M with 52.90% of that held by the insiders while 11.72% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -43.53% and return on equity (ROE) at -69.21%. Stock’s beta reads 5.18. Stock has a price to book (P/B) ratio of 6.72 while price to sale or P/S ratio amounts to 1692.44. Its return on asset (ROA) is -64.17% on average.