Techtarget Inc (NASDAQ:TTGT) shares, rose in value on Friday, June 20, with the stock price up by 0.29% to the previous day’s close as strong demand from buyers drove the stock to $6.82.
Actively observing the price movement in the last trading, the stock closed the session at $6.80, falling within a range of $6.7 and $6.99. The value of beta (5-year monthly) was 1.152. Referring to stock’s 52-week performance, its high was $33.08, and the low was $6.51. On the whole, TTGT has fluctuated by -14.86% over the past month.
With the market capitalization of Techtarget Inc currently standing at about $487.56 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 485.86M, with a low estimate of 103M and a high estimate of 112M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 106.19M.
The stock’s technical analysis shows that the price of TTGT currently trading nearly -7.20% and -12.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.37, while the 7-day volatility ratio is showing 3.91% which for the 30-day chart, stands at 6.17%. Furthermore, Techtarget Inc (TTGT)’s average true range (ATR) is 0.66.
Data on historical trading for Techtarget Inc (NASDAQ:TTGT) indicates that the trading volumes over the past 10 days have averaged 0.53 and over the past 3 months, they’ve averaged 387.11K. According to company’s latest data on outstanding shares, there are 71.49 million shares outstanding.
Nearly 58.29% of Techtarget Inc’s shares belong to company insiders and institutional investors own 38.13% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.31 million shares as on 2025-05-30, resulting in a short ratio of 5.23. According to the data, the short interest in Techtarget Inc (TTGT) stood at 449.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.05 million. The stock has fallen by -65.59% 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.
