Trump Media & Technology Group Corp. (NASDAQ:DJT) shares traded 21.59% higher at $47.36 on Wall Street last session.
DJT stock price is now 119.45% away from the 50-day moving average and 35.87% away from the 200-day moving average. The market capitalization of the company currently stands at $9.48B.
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In other news, Novachki Vladimir, Chief Technology Officer sold 7,801 shares of the company’s stock on Aug 22 ’24. The stock was sold for $177,083 at an average price of $22.70. Upon completion of the transaction, the Chief Technology Officer now directly owns 37,199 shares in the company, valued at $1.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, CFO and Treasurer Juhan Phillip sold 84,941 shares of the business’s stock. A total of $1,928,161 was realized by selling the stock at an average price of $22.70. This leaves the insider owning 405,059 shares of the company worth $19.18 million. A total of 62.46% of the company’s stock is owned by insiders.
During the past 12 months, Trump Media & Technology Group Corp. has had a low of $11.75 and a high of $79.38. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 24.73, and a quick ratio of 24.73. The fifty day moving average price for DJT is $21.5808 and a two-hundred day moving average price translates $34.85745 for the stock.
The latest earnings results from Trump Media & Technology Group Corp. (NASDAQ: DJT) was released for 2024-06-30. The net profit margin was -22274.75% and return on equity was -119.07% for DJT. The company reported revenue of $0.84 million for the quarter, compared to $1.19 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -29.78 percent.
