Trump Media & Technology Group Corp (NASDAQ: DJT): Retirees Don’t Worry About Volatility

Trump Media & Technology Group Corp (NASDAQ:DJT) currently has a daily average trading volume of 10.16M but it saw 2752100 shares traded in last market. With a market cap of 5.24B USD, the company’s current market price of $23.80 came falling about -2.94 while comparing to the previous closing price of $24.52. 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 $29.10, while its current price level is -70.02% below from 52-week high level whereas it is 102.55% 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 $33.08 while that of 200 days or SMA-200 reads an average of $31.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.99% during that period while stretching the period over a month that decreases to 4.94%. 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 27.70 which implies that the stock is in oversold territory.

Over the week, DJT’s stock price is moving -14.51% down while it is -20.77% when we observe its performance for the past one month. Year-to-date it is -30.21% down and over the past year, the stock is showing a downside performance of -49.61%.

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 52.85% of that held by the insiders while 11.71% 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 5.28. Stock has a price to book (P/B) ratio of 5.75 while price to sale or P/S ratio amounts to 1446.84. Its return on asset (ROA) is -64.17% on average.