While Trident Digital Tech Holdings Ltd. ADR has overperformed by 11.28%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TDTH fell by -82.36%, with highs and lows ranging from $3.89 to $0.17, whereas the simple moving average fell by -40.41% in the last 200 days.
Analysis of Trident Digital Tech Holdings Ltd. ADR (TDTH)
Further, the quarter-over-quarter decrease in sales is -90.11%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Trident Digital Tech Holdings Ltd. ADR’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. Taking into account the quick ratio of the company, currently set at 0.91, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 247.64K can be a very valuable indicator of volatility for TDTH stock. On a monthly basis, the volatility of the stock is set at 14.32%, whereas on a weekly basis, it is put at 20.66%, with a loss of -28.38% over the past seven days.
How Do You Analyze Trident Digital Tech Holdings Ltd. ADR Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 0.11% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TDTH shares are owned by institutional investors to the tune of 0.11% at present.
