Techtarget Inc (NASDAQ:TTGT) shares, rose in value on Friday, January 24, with the stock price up by 0.39% to the previous day’s close as strong demand from buyers drove the stock to $18.08.
Actively observing the price movement in the last trading, the stock closed the session at $18.01, falling within a range of $17.83 and $19.29. The value of beta (5-year monthly) was 1.035. Referring to stock’s 52-week performance, its high was $35.99, and the low was $17.18. On the whole, TTGT has fluctuated by -7.52% over the past month.
With the market capitalization of Techtarget Inc currently standing at about $1.29 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
The stock’s technical analysis shows that the price of TTGT currently trading nearly -2.58% and -22.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.56, while the 7-day volatility ratio is showing 5.40% which for the 30-day chart, stands at 5.35%. Furthermore, Techtarget Inc (TTGT)’s beta value is 1.10, and its average true range (ATR) is 1.17.
A comparison of Techtarget Inc (TTGT) with its peers suggests the former has fared considerably weaker in the market. TTGT showed an intraday change of 0.39% in last session, and over the past year, it shrunk by -46.22%%.
Data on historical trading for Techtarget Inc (NASDAQ:TTGT) indicates that the trading volumes over the past 10 days have averaged 0.29 and over the past 3 months, they’ve averaged 225.62K.
The data on short interest also indicates that stock shorts accounted for 0.79 million shares as on 2024-11-15, resulting in a short ratio of 4.95. According to the data, the short interest in Techtarget Inc (TTGT) stood at 356.00 of shares outstanding as of 2024-11-15; the number of short shares registered in 2024-10-15 reached 0.86 million. The stock has fallen by -8.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TTGT stock heading into the next quarter.
