The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Trump Media & Technology Group Corp (NASDAQ: DJT) was $36.08 for the day, down -2.57% from the previous closing price of $37.03. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 6.39 million shares were traded. DJT stock price reached its highest trading level at $37.08 during the session, while it also had its lowest trading level at $35.8551.
Ratios:
Our analysis of DJT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 47.49 and its Current Ratio is at 47.49. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 08 ’24 when Glabe Scott sold 15,917 shares for $32.19 per share. The transaction valued at 512,368 led to the insider holds 336,576 shares of the business.
Juhan Phillip sold 320,000 shares of DJT for $9,808,000 on Nov 08 ’24. The CFO and Treasurer now owns 329,798 shares after completing the transaction at $30.65 per share. On Nov 11 ’24, another insider, Juhan Phillip, who serves as the CFO and Treasurer of the company, sold 64,000 shares for $32.97 each. As a result, the insider received 2,110,080 and left with 265,798 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DJT now has a Market Capitalization of 7826618368 and an Enterprise Value of 7161475072. For the stock, the TTM Price-to-Sale (P/S) ratio is 2910.63 while its Price-to-Book (P/B) ratio in mrq is 9.47. Its current Enterprise Value per Revenue stands at 2125.193 whereas that against EBITDA is -50.214.
Stock Price History:
Over the past 52 weeks, DJT has reached a high of $79.38, while it has fallen to a 52-week low of $11.75. The 50-Day Moving Average of the stock is 5.91%, while the 200-Day Moving Average is calculated to be 8.11%.
Shares Statistics:
DJT traded an average of 40.47M shares per day over the past three months and 9510300 shares per day over the past ten days. A total of 214.39M shares are outstanding, with a floating share count of 99.54M. Insiders hold about 54.11% of the company’s shares, while institutions hold 6.94% stake in the company. Shares short for DJT as of 1734048000 were 9243390 with a Short Ratio of 0.23, compared to 1731628800 on 17550534. Therefore, it implies a Short% of Shares Outstanding of 9243390 and a Short% of Float of 6.69.
