Trade Desk Inc (NASDAQ:TTD) shares, rose in value, with the stock price up by 0.24% to the previous day’s close as strong demand from buyers drove the stock to $58.94.
Actively observing the price movement in the recent trading, the stock is buoying the session at $58.80, falling within a range of $57.73 and $59.0803. The value of beta (5-year monthly) is 1.626 whereas the PE ratio is 75.52 over 12-month period. Referring to stock’s 52-week performance, its high was $141.53, and the low was $53.39. On the whole, TTD has fluctuated by -18.62% over the past month.
With the market capitalization of Trade Desk Inc currently standing at about $29.24 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.89B, with a low estimate of 571.62M and a high estimate of 584.59M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 575.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TTD’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.07, with the price of TTD currently trading nearly -2.20% and -32.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.19, while the 7-day volatility ratio is showing 4.65% which for the 30-day chart, stands at 5.22%. Furthermore, Trade Desk Inc (TTD)’s beta value is 1.53, and its average true range (ATR) is 3.56.
A comparison of Trade Desk Inc (TTD) with its peers suggests the former has fared considerably weaker in the market. TTD showed an intraday change of 0.24% in today’s session so far, and over the past year, it shrunk by -32.68%%.
Data on historical trading for Trade Desk Inc (NASDAQ:TTD) indicates that the trading volumes over the past 10 days have averaged 13.27 and over the past 3 months, they’ve averaged 8.95 million. According to company’s latest data on outstanding shares, there are 452.18 million shares outstanding.
Nearly 9.31% of Trade Desk Inc’s shares belong to company insiders and institutional investors own 72.32% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 23.46 million shares as on 2025-03-14, resulting in a short ratio of 1.73. According to the data, the short interest in Trade Desk Inc (TTD) stood at 521.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 13.64 million. The stock has fallen by -49.85% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TTD stock heading into the next quarter.
