The Week Ahead: Are Investors Really Too Optimistic About Trident Digital Tech Holdings Ltd. ADR (NASDAQ: TDTH)

Trident Digital Tech Holdings Ltd. ADR (NASDAQ:TDTH) currently has a daily average trading volume of 2.08M but it saw 1448765 shares traded in last market. With a market cap of 15.45M USD, the company’s current market price of $0.26 came rising about 9.96 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.74 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2409 while lowest mark touched by it was $0.279.

Taking a look at 20-day trading activity of Trident Digital Tech Holdings Ltd. ADR (TDTH) gives us an average price of $0.2418, while its current price level is -94.41% below from 52-week high level whereas it is 32.50% 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 $0.5694. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.17% during that period while stretching the period over a month that increases to 14.85%. 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 38.41 which implies that the stock is in neutral territory.

Over the week, TDTH’s stock price is moving 1.69% up while it is -11.25% when we observe its performance for the past one month. Year-to-date it is -87.98% down and over the past year.

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

Currently, Trident Digital Tech Holdings Ltd. ADR’s total number of outstanding shares is 58.30M with 0.00% of that held by the insiders while 0.01% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -493.29%. Stock has a price to sale or P/S ratio amounts to 44.14.