The Next Few Weeks Are A Good Time To Consider AdTheorent Holding Company Inc (ADTH)

AdTheorent Holding Company Inc (NASDAQ:ADTH) price on Friday, April 19, fall -0.16% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.18.

A look at the stock’s price movement, the close in the last trading session was $3.19. Turning to its 52-week performance, $3.98 and $1.11 were the 52-week high and 52-week low respectively. Overall, ADTH moved -3.48% over the past month.

AdTheorent Holding Company Inc’s market cap currently stands at around $291.62 million.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that ADTH is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

ADTH’s current price about -1.91% and 3.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.35, while 7-day volatility ratio is 1.07% and 3.30% in the 30-day chart. Further, AdTheorent Holding Company Inc (ADTH) has a beta value of 1.22, and an average true range (ATR) of 0.13.

If we refocus on AdTheorent Holding Company Inc (NASDAQ:ADTH), historical trading data shows that trading volumes averaged 721.67K over the past 3 months. The company’s latest data on shares outstanding shows there are 88.46 million shares.

The 76.80% of AdTheorent Holding Company Inc’s shares are in the hands of company insiders while institutional holders own 14.74% of the company’s shares. Current price change has pushed the stock 119.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ADTH stock continues to rise going into the next quarter.

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