Trade Desk Inc (NASDAQ:TTD) price closed higher on Tuesday, April 16, jumping 1.41% above its previous close.
A look at the daily price movement shows that the last close reads $80.99. The company’s P/E ratio in the trailing 12-month period read 229.54. Taking into account the 52-week price action we note that the stock hit a 52-week high of $94.00 and 52-week low of $59.36. The stock added 7.05% 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 TTD a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 9.56. The overview shows that TTD’s price is at present -3.81% off the SMA20 and 0.92% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.71, with weekly volatility standing at 3.75%. The indicator jumps to 2.94% when calculated based on the past 30 days. Trade Desk Inc (NASDAQ:TTD)’s beta value is holding at 1.50, while the average true range (ATR) indicator is currently reading 2.68.
An analysis of the Trade Desk Inc (NASDAQ:TTD) stock in terms of its daily trading volume indicates that the 3-month average is 4.64 million.
Current records show that the company has 445.00M in outstanding shares. The insiders’ percentage holdings are 9.79% of outstanding shares while the percentage share held by institutions stands at 69.36%. But the 14.13% 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.
