Trump Media & Technology Group Corp (NASDAQ: DJT) Now $11.75 Higher From Its Low (8.28), Does It Still Have A Growth Story?

Trump Media & Technology Group Corp (NASDAQ:DJT) currently has a daily average trading volume of 7.75M but it saw 2633112 shares traded in last market. With a market cap of 4.41B USD, the company’s current market price of $20.03 came falling about -2.72 while comparing to the previous closing price of $20.59. 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 $19.92 while lowest mark touched by it was $20.71.

Taking a look at 20-day trading activity of Trump Media & Technology Group Corp (DJT) gives us an average price of $22.09, while its current price level is -74.77% below from 52-week high level whereas it is 70.47% 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 $28.71 while that of 200 days or SMA-200 reads an average of $29.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.78% during that period while stretching the period over a month that increases to 6.03%. 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 32.56 which implies that the stock is in neutral territory.

Over the week, DJT’s stock price is moving 4.49% up while it is -29.10% when we observe its performance for the past one month. Year-to-date it is -41.26% down and over the past year, the stock is showing a downside performance of -43.70%.

Currently, Trump Media & Technology Group Corp’s total number of outstanding shares is 220.66M with 52.75% of that held by the insiders while 11.64% 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 5.29. Stock has a price to book (P/B) ratio of 4.84 while price to sale or P/S ratio amounts to 1219.57. Its return on asset (ROA) is -64.17% on average.