The stock has a 36-month beta value of 6.32.
The public float for DJT is 2.77M, and at present, short sellers hold a 193.05% of that float. On May 13, 2024, the average trading volume of DJT was 6.73M shares.
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DJT) stock’s latest price update
The stock of Trump Media & Technology Group Corp. (NASDAQ: DJT) has decreased by -6.25 when compared to last closing price of 54.39. Despite this, the company has experienced a 6.38% gain in its stock price over the last five trading sessions. Market Watch reported 2024-05-12 that NEW YORK (AP) — Social and legitimate media over the weekend trumpeted both a prospective widening and narrowing of the field of vice presidential prospects to appear alongside the name of Donald Trump, the Republican former president, on this November’s ballot.
DJT’s Market Performance
DJT’s stock has risen by 6.38% in the past week, with a monthly rise of 57.33% and a quarterly rise of 8.42%. The volatility ratio for the week is 9.93% while the volatility levels for the last 30 days are 14.71% for Trump Media & Technology Group Corp. The simple moving average for the past 20 days is 27.37% for DJT’s stock, with a 91.51% simple moving average for the past 200 days.
DJT Trading at 21.29% 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 -35.76% of loss for the given period.
Volatility was left at 14.71%, however, over the last 30 days, the volatility rate increased by 9.93%, as shares surge +56.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.88% upper at present.
During the last 5 trading sessions, DJT rose by +6.38%, which changed the moving average for the period of 200-days by +206.06% in comparison to the 20-day moving average, which settled at $40.95. In addition, Trump Media & Technology Group Corp. saw 191.37% 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:
- -2.21 for the present operating margin
- 0.96 for the gross margin
The net margin for Trump Media & Technology Group Corp. stands at -8.57. 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 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -0.52. The debt to equity ratio resting at 0.04. 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 1673.48. The receivables turnover for the company is 51.47for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
To sum up, Trump Media & Technology Group Corp. (DJT) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
