Trump Media & Technology Group (NASDAQ:DJT) Stock Price Down 9.1% - Should You Sell?

Key Points

• DJT shares fell 9.1% in mid-day trading to about $9.28, with the stock briefly reaching $9.55. Trading volume was approximately 864,000 shares, well below the average session volume.
• Analyst sentiment remains negative: Weiss Ratings reaffirmed a “sell (D-)” rating, and MarketBeat reports a consensus rating of “Sell.”
• The company continues to show significant financial weakness, reporting a quarterly loss of $1.47 per share on just $0.87 million in revenue, alongside a negative net margin of 29,103.62% and negative return on equity of 51.57%.

Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report)'s stock price traded down 9.1% during mid-day trading on Monday . The company traded as low as $9.55 and last traded at $9.2830. 863,839 shares were traded during mid-day trading, a decline of 80% from the average session volume of 4,347,281 shares. The stock had previously closed at $10.21.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Trump Media & Technology Group in a report on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Trump Media & Technology Group currently has a consensus rating of "Sell".

Trump Media & Technology Group Stock Performance

The business's fifty day moving average price is $8.79 and its two-hundred day moving average price is $9.65. The stock has a market capitalization of $2.55 billion, a P/E ratio of -2.24 and a beta of 4.07.

Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The company reported ($1.47) EPS for the quarter. The business had revenue of $0.87 million during the quarter. Trump Media & Technology Group had a negative net margin of 29,103.62% and a negative return on equity of 51.57%. The firm's quarterly revenue was up 6.09% on a year-over-year basis.

Institutional Investors Weigh In On Trump Media & Technology Group

Institutional investors have recently modified their holdings of the stock. Motiv8 Investments LLC purchased a new stake in Trump Media & Technology Group during the 4th quarter valued at $30,000. Global Assets Advisory LLC purchased a new stake in shares of Trump Media & Technology Group in the first quarter valued at $34,000. Root Financial Partners LLC raised its stake in shares of Trump Media & Technology Group by 44,011.1% in the first quarter. Root Financial Partners LLC now owns 3,970 shares of the company's stock valued at $37,000 after acquiring an additional 3,961 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Trump Media & Technology Group in the 4th quarter worth about $40,000. Finally, Larson Financial Group LLC boosted its stake in shares of Trump Media & Technology Group by 70.7% during the 4th quarter. Larson Financial Group LLC now owns 3,104 shares of the company's stock worth $41,000 after purchasing an additional 1,286 shares during the period. 4.29% of the stock is owned by institutional investors.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group NASDAQ: DJT is a U.S.-based digital media and technology company focused on social networking and content distribution. The firm’s flagship offering, Truth Social, is designed as an alternative social media platform with features for user-generated posts, direct messaging and community engagement. In addition to its core social network, TMTG has signaled plans for a subscription-based streaming service and other digital content ventures under the TMTG+ brand, aiming to expand its multimedia footprint.

Founded in October 2021 by former President Donald J.

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