Should You Sell Trump Media & Technology Group Corp (DJT) And Go Away This Year?

Trump Media & Technology Group Corp (NASDAQ:DJT) currently has a daily average trading volume of 9.14M but it saw 2727281 shares traded in last market. With a market cap of 4.84B USD, the company’s current market price of $21.98 came falling about -3.17 while comparing to the previous closing price of $22.70. 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 $27.05, while its current price level is -72.31% below from 52-week high level whereas it is 87.06% 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 $31.69 while that of 200 days or SMA-200 reads an average of $30.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.61% during that period while stretching the period over a month that decreases to 5.22%. 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 26.33 which implies that the stock is in oversold territory.

Over the week, DJT’s stock price is moving -7.65% down while it is -28.22% when we observe its performance for the past one month. Year-to-date it is -35.54% down and over the past year, the stock is showing a downside performance of -52.12%.

The company is expected to be releasing its next quarterly report in April, 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 5.30. Stock has a price to book (P/B) ratio of 5.31 while price to sale or P/S ratio amounts to 1336.20. Its return on asset (ROA) is -64.17% on average.