Can Trump Media & Technology Group Corp. (DJT) meet market expectations this quarter?

Trump Media & Technology Group Corp. (DJT)’s stock has witnessed a price declined of -1.20% from the previous close with its current price standing at $21.46. Its current price is -72.97% under its 52-week high of $79.38 and 49.86% more than its 52-week low of $14.32. Based on the past 30-day period, the stock price is -30.95% below the high and +1.56% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, DJT’s SMA-200 is $33.94.

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Additionally, it is important to take into account DJT stock ratios, including its price-to-sales ratio, which is 2595.46 for the last tewlve months.DJT’s price to book ratio for the most recent quarter was 12.03, resulting in an 12.15 price to cash per share for the period.

How does Trump Media & Technology Group Corp. (DJT) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.

Trump Media & Technology Group Corp. (NASDAQ: DJT) Ownership Details

I will give a breakdown of the key shareholders in Trump Media & Technology Group Corp. (DJT). Recent figures show that the company’s insiders hold 67.83% of shares. A total of 305 institutional investors hold shares in the company, making 6.57% of its stock and 20.42% of its float.

Jun 30, 2024 , it was reported that the Company’s largest institutional holder is Vanguard Group Inc holding total of 2.88 shares that make 1.48% of the company’s total number of shares and are currently priced at 61.49 million.

The securities firm Blackrock Inc. holds 2.18 shares of DJT, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.12% , and the holding percentage of shares is valued at 46.63 million.

An overview of Trump Media & Technology Group Corp.’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Trump Media & Technology Group Corp. (DJT) traded 4,576,269 shares per day, with a moving average of $24.67 and price change of -7.35. With the moving average of $29.47 and a price change of -15.62, about 8,710,821 shares changed hands on average over the past 50 days. Finally, DJT’s 100-day average volume is 7,031,072 shares, alongside a moving average of $36.25 and a price change of -24.72.

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