DJT Stock: Current Performance and Key Figures

Trump Media & Technology Group Corp. (DJT) has been an interesting stock to follow with the latest share price in the premarket up 1.12%.

NASDAQ: DJT stock price's 52-week range, has swung as high as $79.38 and a lowest point of $12.40 (pre listing), indicating significant volatility over the last year. This volatility might be somewhat explained by the stock's Beta, currently standing at a substantially high 6.42.

Stock performance statistics paint a mixed picture for DJT, with a decline of -17.25% over the past week. However, this short-term dip contrasts with gains over longer periods: up by 24.48% over the past month, 2.39% over three months, and an impressive 173.11% over the past six months. When looking at even longer time frames, DJT has gained 232.51% over the past year and 152.51% year-to-date, showcasing its remarkable resilience and attractiveness to investors.

Currently, DJT has a total of 136.70 million shares outstanding, with a float of 34.03 million shares available for trading. As of April 30, 2024, short shares totaled 5.35 million, marking an increase from a previous count. This uptick in short shares may indicate the market's anticipation of potential downside or a hedging strategy by some investors.

DJT's financial performance in the last fiscal quarter, ending December 31, 2023, revealed a revenue of $770,500.0, operating income of -$98,352,600.0, EBITDA at -$98,318,200.0, and a diluted EPS of -$3.61. These figures highlight the company's current challenges and underline the importance of strategic planning for future profitability.

With regard to analyst coverage, currently, no analysts are following DJT stock, indicating a potential gap in market analysis and professional insights that could guide markets. As the stock is trading largely away from fundamentals at this stage, it can be challenging to know how to value it. The age old value is what one is prepared to pay for something springs to mind as not necessarily being the optimal way to value stocks.

While DJT's recent performance indicates higher-than-average risk given its volatility, the stock has also experienced periods of strong growth. Such performance metrics should be considered in the context of the company's wider financial health and market position.