Trade Desk Inc (TTD) concluded trading on Thursday at a closing price of $109.36, with 3.09 million shares of worth about $338.46 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 25.40% during that period and on September 26, 2024 the price saw a loss of about -1.23%. Currently the company’s common shares owned by public are about 492.91M shares, out of which, 445.74M shares are available for trading.
Stock saw a price change of -0.71% in past 5 days and over the past one month there was a price change of 5.23%. Year-to-date (YTD), TTD shares are showing a performance of 51.97% which increased to 47.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $60.23 but also hit the highest price of $111.80 during that period. The average intraday trading volume for Trade Desk Inc shares is 3.39 million. The stock is currently trading 4.33% above its 20-day simple moving average (SMA20), while that difference is up 10.20% for SMA50 and it goes to 25.17% higher than SMA200.
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Trade Desk Inc (NASDAQ: TTD) currently have 492.91M outstanding shares and institutions hold larger chunk of about 70.00% of that.
The stock has a current market capitalization of $53.90B and its 3Y-monthly beta is at 1.48. PE ratio of stock for trailing 12 months is 215.79, while it has posted earnings per share of $0.51 in the same period. Its PEG reads 8.19 and has Quick Ratio of 1.80 while making debt-to-equity ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TTD, volatility over the week remained 2.25% while standing at 2.74% over the month.
Stock’s fiscal year EPS is expected to rise by 27.61% while it is estimated to increase by 16.06% in next year. EPS is likely to grow at an annualized rate of 26.35% for next 5-years, compared to annual growth of 13.20% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by MoffettNathanson on September 23, 2024 offering a Neutral rating for the stock and assigned a target price of $100 to it. Coverage by Cantor Fitzgerald stated Trade Desk Inc (TTD) stock as a Neutral in their note to investors on September 05, 2024, suggesting a price target of $110 for the stock. On September 04, 2024, BofA Securities Initiated their recommendations, while on July 16, 2024, Wolfe Research Initiated their ratings for the stock with a price target of $115. Stock get an Outperform rating from Oppenheimer on July 15, 2024.
