The price of Trump Media & Technology Group Corp (NASDAQ:DJT) shares last traded on Wall Street rose 16.65% to $32.78.
DJT stock price is now 28.26% away from the 50-day moving average and -5.73% away from the 200-day moving average. The market capitalization of the company currently stands at $7.40B.
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In other news, Glabe Scott, General Counsel and Secretary sold 15,917 shares of the company’s stock on Nov 08 ’24. The stock was sold for $512,368 at an average price of $32.19. Upon completion of the transaction, the General Counsel and Secretary now directly owns 336,576 shares in the company, valued at $11.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08 ’24, CFO and Treasurer Juhan Phillip sold 320,000 shares of the business’s stock. A total of $9,808,000 was realized by selling the stock at an average price of $30.65. This leaves the insider owning 329,798 shares of the company worth $10.81 million. A total of 63.40% 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 0.02, a current ratio of 47.49, and a quick ratio of 47.49. The fifty day moving average price for DJT is $25.2629 and a two-hundred day moving average price translates $34.81065 for the stock.
The latest earnings results from Trump Media & Technology Group Corp (NASDAQ: DJT) was released for 2024-09-30. The net profit margin was -13944.18% and return on equity was -68.68% for DJT. The company reported revenue of $1.01 million for the quarter, compared to $1.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.6 percent.
