Trump Media & Technology Group Corp. (NASDAQ: DJT)’s stock price has dropped by -1.54 in relation to previous closing price of 48.68. Nevertheless, the company has seen a gain of 15.38% in its stock price over the last five trading days. InvestorPlace reported 2024-05-05 that Trump Media and Technology Group’s (NASDAQ: DJT ) share price has more than doubled since mid-April. Trading in Trump Media stock has become so crazy that CEO Devin Nunes has asked House Republicans to investigate short-selling by eight financial firms.
Is It Worth Investing in Trump Media & Technology Group Corp. (NASDAQ: DJT) Right Now?
The 36-month beta value for DJT is at 6.42.
The public float for DJT is 2.77M, and currently, shorts hold a 165.63% of that float. The average trading volume for DJT on May 06, 2024 was 6.57M shares.
DJT’s Market Performance
DJT stock saw an increase of 15.38% in the past week, with a monthly gain of 3.86% and a quarterly increase of 18.05%. The volatility ratio for the week is 12.82%, and the volatility levels for the last 30 days are 15.09% for Trump Media & Technology Group Corp. (DJT). The simple moving average for the last 20 days is 30.58% for DJT’s stock, with a simple moving average of 85.86% for the last 200 days.
DJT Trading at 14.78% from the 50-Day Moving Average
After a stumble in the market that brought DJT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.62% of loss for the given period.
Volatility was left at 15.09%, however, over the last 30 days, the volatility rate increased by 12.82%, as shares surge +18.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.68% upper at present.
During the last 5 trading sessions, DJT rose by +15.38%, which changed the moving average for the period of 200-days by +251.39% in comparison to the 20-day moving average, which settled at $37.07. In addition, Trump Media & Technology Group Corp. saw 173.89% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DJT
Current profitability levels for the company are sitting at:
- -8.58 for the present operating margin
- 0.96 for the gross margin
The net margin for Trump Media & Technology Group Corp. stands at -33.36. The total capital return value is set at -0.04. Equity return is now at value -8.56, with -7.16 for asset returns.
Based on Trump Media & Technology Group Corp. (DJT), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -0.76. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -0.61.
Currently, EBITDA for the company is -12.52 million with net debt to EBITDA at -0.7. When we switch over and look at the enterprise to sales, we see a ratio of 6122.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In conclusion, Trump Media & Technology Group Corp. (DJT) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
