Trump Media & Technology Group Corp. (NASDAQ:DJT) price closed lower on Monday, April 15, dropping -18.35% below its previous close.
A look at the daily price movement shows that the last close reads $32.59. The company’s 5Y monthly beta was ticking 6.36. Taking into account the 52-week price action we note that the stock hit a 52-week high of $79.38 and 52-week low of $12.40. The stock subtracted -35.22% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give DJT a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as Hold.
The overview shows that DJT’s price is at present -39.49% off the SMA20 and -39.52% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 34.95, with weekly volatility standing at 10.49%. The indicator jumps to 16.88% when calculated based on the past 30 days. Trump Media & Technology Group Corp. (NASDAQ:DJT)’s beta value is holding at 6.55, while the average true range (ATR) indicator is currently reading 6.46.
An analysis of the Trump Media & Technology Group Corp. (NASDAQ:DJT) stock in terms of its daily trading volume indicates that the 3-month average is 6.65 million.
Current records show that the company has 136.70M in outstanding shares. The insiders’ percentage holdings are 71.06% of outstanding shares while the percentage share held by institutions stands at 1.17%. But the 52.06% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
