Thinking Of Investing In Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock? Here’s What You Need To Know

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares, rose in value, with the stock price down by -5.41% to the previous day’s close as strong demand from buyers drove the stock to $48.81.

Actively observing the price movement in the last trading, the stock closed the session at $51.60. The value of beta (5-year monthly) was 6.32. Referring to stock’s 52-week performance, its high was $79.38, and the low was $12.40. On the whole, DJT has fluctuated by 6.32% over the past month.

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Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that DJT’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of DJT currently trading nearly 8.65% and 10.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.24, while the 7-day volatility ratio is showing 17.78% which for the 30-day chart, stands at 15.40%. Furthermore, Trump Media & Technology Group Corp. (DJT)’s beta value is 6.42, and its average true range (ATR) is 8.21.

A comparison of Trump Media & Technology Group Corp. (DJT) with its peers suggests the former has fared considerably weaker in the market. DJT showed an intraday change of -5.41% in last session, and over the past year, it grew by 247.40%%.

Data on historical trading for Trump Media & Technology Group Corp. (NASDAQ:DJT) indicates that the trading volumes over the past 10 days have averaged 23.28 million and over the past 3 months, they’ve averaged 6.00 million. According to company’s latest data on outstanding shares, there are 37.21 million shares outstanding.

Trump Media & Technology Group Corp.’s shares belong to company insiders and institutional investors own 4.31% of the company’s shares. The stock has risen by 178.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DJT stock heading into the next quarter.