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Trident Digital Tech (NASDAQ:TDTH) Stock Price Down 2.3% - Here's Why

Trident Digital Tech logo with Computer and Technology background

Key Points

  • Trident Digital Tech Holdings Ltd shares fell by 2.3% to a last trading price of $0.95, significantly declining from an average daily trading volume of 5.08 million shares.
  • Wall Street Zen upgraded the company's rating to a "hold" on July 18, indicating a more neutral outlook for investors.
  • The company's fifty-day simple moving average stands at $0.74, suggesting a recent improvement compared to historical performance levels.
  • Five stocks we like better than Trident Digital Tech.

Trident Digital Tech Holdings Ltd (NASDAQ:TDTH - Get Free Report) was down 2.3% on Thursday . The company traded as low as $0.89 and last traded at $0.95. Approximately 954,952 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 5,080,053 shares. The stock had previously closed at $0.97.

Analyst Ratings Changes

Separately, Wall Street Zen raised Trident Digital Tech to a "hold" rating in a report on Friday, July 18th.

Read Our Latest Stock Analysis on TDTH

Trident Digital Tech Stock Performance

The business's 50-day moving average price is $0.76 and its two-hundred day moving average price is $0.59.

Trident Digital Tech Company Profile

(Get Free Report)

Trident Digital Tech Holdings Ltd. engages in the provision of business consulting services and information technology customization solutions. Its products include Tridentity, TriVerse, TriEvents, and TriFood. The company was founded by Soon Huat Lim in 2014 and is headquartered in Singapore.

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