The 36-month beta value for DJT is also noteworthy at 5.87.
The public float for DJT is 67.58M, and at present, short sellers hold a 19.26% of that float. The average trading volume of DJT on September 23, 2024 was 9.06M shares.
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DJT) stock’s latest price update
Trump Media & Technology Group Corp. (NASDAQ: DJT) has experienced a decline in its stock price by -7.82 compared to its previous closing price of 14.70. However, the company has seen a fall of -24.60% in its stock price over the last five trading days. fastcompany.com reported 2024-09-20 that Shares of Trump Media & Technology Group Corp. (ticker: DJT) are trading lower in premarket this morning after the lockup period that prevented former president Donald Trump and other early investors from selling their shares expired.
DJT’s Market Performance
Trump Media & Technology Group Corp. (DJT) has seen a -24.60% fall in stock performance for the week, with a -44.01% decline in the past month and a -51.01% plunge in the past quarter. The volatility ratio for the week is 6.24%, and the volatility levels for the past 30 days are at 8.29% for DJT. The simple moving average for the past 20 days is -26.43% for DJT’s stock, with a -60.15% simple moving average for the past 200 days.
DJT Trading at -45.36% 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 -82.93% of loss for the given period.
Volatility was left at 8.29%, however, over the last 30 days, the volatility rate increased by 6.24%, as shares sank -40.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -54.62% lower at present.
During the last 5 trading sessions, DJT fell by -24.60%, which changed the moving average for the period of 200-days by -23.27% in comparison to the 20-day moving average, which settled at $17.96. In addition, Trump Media & Technology Group Corp. saw -22.57% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DJT starting from Novachki Vladimir, who sale 7,801 shares at the price of $22.70 back on Aug 22 ’24. After this action, Novachki Vladimir now owns 37,199 shares of Trump Media & Technology Group Corp., valued at $177,083 using the latest closing price.
Juhan Phillip, the CFO and Treasurer of Trump Media & Technology Group Corp., sale 84,941 shares at $22.70 during a trade that took place back on Aug 22 ’24, which means that Juhan Phillip is holding 405,059 shares at $1,928,161 based on the most recent closing price.
Stock Fundamentals for DJT
Current profitability levels for the company are sitting at:
- -36.28 for the present operating margin
- 0.94 for the gross margin
The net margin for Trump Media & Technology Group Corp. stands at -108.42. The total capital return value is set at -0.36. Equity return is now at value -119.07, with -107.88 for asset returns.
Based on Trump Media & Technology Group Corp. (DJT), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -43.71. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -6.96.
Currently, EBITDA for the company is -12.52 million with net debt to EBITDA at 2.76. When we switch over and look at the enterprise to sales, we see a ratio of 690.65. The receivables turnover for the company is 196.01for 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 24.73.
Conclusion
In summary, Trump Media & Technology Group Corp. (DJT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
