Stocks To Watch: The Trade Desk, Inc. (TTD) Is Creating Trading Opportunities

The Trade Desk, Inc. (TTD) has seen some recent action in the stock market and its shares were last quoted at $300.01 yesterday. Traders are starting to take interest of TTD as the shares traded as high as $304.43 and as low as $290.50 in the last market trading session.

The Trade Desk, Inc. (TTD) average trading volume is 2.40M. However, in the last market trading session The Trade Desk, Inc. (TTD) traded 1,286,208 shares. The 1st support level on TTD is $293.30 and the 1st resistance level on TTD is $338.13. TTD 50day moving average is $248.80 and TTD 200 day moving average is $251.11.

The Trade Desk, Inc. (TTD) most current performance has been indicated by the recent movement in TTD shares. TTD has performed 35.92% over the past 30 days, TTD has performed -1.73% over the past 3 months and TTD has shown 48.49% over the past 12 months. The Trade Desk, Inc. (TTD) has a 1 year range of $136.00 to $327.35. The Trade Desk, Inc. (TTD) is trading 120.60% from its 1 year low and -8.35% from its 1 year high. The Trade Desk, Inc. (TTD) is indicating a 20.62% short float indicating the sum short in the float.

TTD has 45.50M shares outstanding and 40.00M shares in the float. The Trade Desk, Inc. (TTD) at this time has a market cap of $13.69B and income of $122.20M. The EPS next quarter for TTD is 0.32 and forecasted EPS net year is 35.27%. The market cap of The Trade Desk, Inc. (TTD) at $13.69B represents how many Traders own shares of TTD and is calculated off the last price ($300.01) of TTD and the sum of shares outstanding (45.50M) with The Trade Desk, Inc. (TTD).

The Trade Desk, Inc. (TTD) has total cash (mrq) of 445.84M, total cash per share (mrq) of 9.8, total debt of TTD is at 370.22M and total debt/equity (mrq) is 54.92. The Trade Desk, Inc. (TTD) operational cash flow (ttm) is 103.2M and TTD leveraged free cash flow (ttm) is 6.19M.

TTD is trading 7.74% above (bullish) its SMA20, 29.98% above (bullish) its SMA50 and 24.27% above (bullish) its SMA200.

Recent News:

In recent news, on May 7, 2020, The Trade Desk Reported First Quarter Financial Results. The Trade Desk, Inc. (NASDAQ: TTD), announced financial results for its first quarter ended March 31, 2020. “Despite the Covid-19 pandemic, our team delivered a strong March quarter. We delivered 33% year-over year revenue growth and strong EBITDA margins. We generated robust cash flow in the quarter and ended March with a strong cash position and balance sheet. This financial discipline allows us to continue to invest in our platform,” said Founder and CEO of The Trade Desk, Jeff Green.