Trade Desk Inc (TTD) concluded trading on Thursday at a closing price of $132.53, with 8.23 million shares of worth about $1.09 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 49.46% during that period and on November 07, 2024 the price saw a gain of about 6.19%. Currently the company’s common shares owned by public are about 492.91M shares, out of which, 446.32M shares are available for trading.
Stock saw a price change of 10.25% in past 5 days and over the past one month there was a price change of 14.68%. Year-to-date (YTD), TTD shares are showing a performance of 84.17% which increased to 70.57% 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 $124.98 during that period. The average intraday trading volume for Trade Desk Inc shares is 2.87 million. The stock is currently trading 10.56% above its 20-day simple moving average (SMA20), while that difference is up 17.92% for SMA50 and it goes to 40.23% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Trade Desk Inc (NASDAQ: TTD) currently have 492.91M outstanding shares and institutions hold larger chunk of about 70.39% of that.
The stock has a current market capitalization of $65.33B and its 3Y-monthly beta is at 1.43. PE ratio of stock for trailing 12 months is 261.50, while it has posted earnings per share of $0.51 in the same period. Its PEG reads 9.81 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 2.28% while standing at 2.37% over the month.
Stock’s fiscal year EPS is expected to rise by 28.20% while it is estimated to increase by 16.34% in next year. EPS is likely to grow at an annualized rate of 26.66% 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 Wells Fargo on October 29, 2024 offering an Overweight rating for the stock and assigned a target price of $150 to it. Coverage by New Street stated Trade Desk Inc (TTD) stock as a Sell in their note to investors on October 29, 2024, suggesting a price target of $86 for the stock. On October 02, 2024, Truist Reiterated their recommendations, while on October 01, 2024, Needham Reiterated their ratings for the stock with a price target of $125. Stock get a Neutral rating from MoffettNathanson on September 23, 2024.
