Trump Media & Technology Group Corp. (NASDAQ: DJT): A Disaster In The Making Or A Gold Mine?

In the last trading session, 9.91 million shares of the Trump Media & Technology Group Corp. (NASDAQ:DJT) were traded, and its beta was 5.84. Most recently the company’s share price was $16.50, and it changed around $0.33 or 2.04% from the last close, which brings the market valuation of the company to $3.30B. DJT currently trades at a discount to its 52-week high of $79.38, offering almost -381.09% off that amount. The share price’s 52-week low was $11.75, which indicates that the current value has risen by an impressive 28.79% since then. We note from Trump Media & Technology Group Corp.’s average daily trading volume that its 10-day average is 17.3 million shares, with the 3-month average coming to 9.72 million.

Trump Media & Technology Group Corp. (NASDAQ:DJT) trade information

Instantly DJT has showed a green trend with a performance of 2.04% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 17.28 on recent trading dayincreased the stock’s daily price by 4.51%. The company’s shares are currently down -5.71% year-to-date, but still up 11.86% over the last five days. On the other hand, Trump Media & Technology Group Corp. (NASDAQ:DJT) is -5.17% down in the 30-day period. We can see from the shorts that 14.45 million shares have been sold at a short interest cover period of 1.88 day(s).

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DJT Dividends

Trump Media & Technology Group Corp.’s next quarterly earnings report is expected to be released in November.

Trump Media & Technology Group Corp. (NASDAQ:DJT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 61.39% of Trump Media & Technology Group Corp. shares, and 6.47% of them are in the hands of institutional investors. The stock currently has a share float of 16.76%.