Trade Desk Inc (NASDAQ:TTD) currently has a daily average trading volume of 7.25M but it saw 12402509 shares traded in last market. With a market cap of 29.86B USD, the company’s current market price of $60.20 came rising about 2.31 while comparing to the previous closing price of $58.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $141.53 and as low as $58.57. In the recent trading on the day, stock has struck highest price mark of $57.86 while lowest mark touched by it was $60.63.
Taking a look at 20-day trading activity of Trade Desk Inc (TTD) gives us an average price of $73.14, while its current price level is -57.46% below from 52-week high level whereas it is 2.78% 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 $101.08 while that of 200 days or SMA-200 reads an average of $106.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.49% during that period while stretching the period over a month that decreases to 4.93%. 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 19.07 which implies that the stock is in oversold territory.
Evercore ISI downgraded its recommendation for the stock as a “In-line” from “Outperform” on February 13, 2025 while assigning a price target range of $135-$90. JMP Securities issued its recommendations for the stock as it initiated the price target for the stock is $150.
Over the week, TTD’s stock price is moving -9.53% down while it is -50.87% when we observe its performance for the past one month. Year-to-date it is -48.78% down and over the past year, the stock is showing a downside performance of -26.22%.
The company is expected to be releasing its next quarterly report on 2025-Feb-11, for which analysts forecasted an EPS of 0.25 while estimate for next year EPS is 1.8. In next quarter, company is expected to be making quarterly sales of $690.76M as analysts are expecting the sales for current fiscal year at $2.9B and seeing the company making $3.47B in sales next year. Moreover, analysts are in estimates of $575.93M for current-quarter revenue.
Currently, Trade Desk Inc’s total number of outstanding shares is 452.18M with 10.99% of that held by the insiders while 82.52% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 12.30% and return on equity (ROE) at 15.37%. It has a price to earnings ratio (P/E ratio) of 77.13 while having a 27.46 of forward P/E ratio. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 10.13 while price to sale or P/S ratio amounts to 12.22. Its return on asset (ROA) is 7.15% on average.
