Setting A New 52 Week High, Trade Desk Inc (Nasdaq:TTD) Close At $210.73

Trade Desk Inc (Nasdaq:TTD)

April 23rd, 2019

With markets going up Trade Desk Inc finished Tuesday’s trading session down 0.14%, a ($0.30) decrease to close on $210.73. Despite the drop in price it hit a new 52 week high of $215.00. While the stock did drop today, remember that it is still trading at 342.62% of its 52 week low of $47.61. The next earnings report is expected in approximately 16 days.

TTD was outperformed by the rest of the Information Technology sector which went up 1.13%.

Results from 16 analysts indicates that Trade Desk Inc might fall somewhat (-11.56%), while Finbox has calculated (with medium uncertainty) a fair value price of $130.76.

Market Sectors

The market sectors were mixed Tuesday with a majority of the sectors trending up. Healthcare saw the biggest increase of the day (1.59%), while Consumer Staples saw the biggest drop (-0.12%). Information Technology has seen the biggest year-to-date gain at 25.74%. The biggest loss this year has been the Healthcare sector declining -0.69%.

Healthcare saw the biggest turnaround from its 5-day performance of -4.33%, as it went up 1.59%. Consumer Staples saw a turn around from its 5-day performance of 0.92% trading down -0.12%.

Sector Breakdown

  • Healthcare went up with a 1.59% change.
  • Consumer Discretionary went up with a 1.22% change.
  • Information Technology went up with a 1.13% change.
  • Real Estate went up with a 1.12% change.
  • Industrials went up with a 0.89% change.
  • Communication Services went up with a 0.85% change.
  • Financials went up with a 0.58% change.
  • Materials went up with a 0.44% change.
  • Utilities went up with a 0.37% change.
  • Energy went up with a 0.04% change.
  • Consumer Staples went down with a -0.12% change.

Trade Desk Inc Info

The Trade Desk, Inc., a technology company, provides a self-service omnichannel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the United States and internationally. The company’s platform allows clients to manage integrated advertising campaigns in various advertising channels and formats, including display, video, audio, native and social, and on a multitude of devices, such as computers, mobile devices, and connected TV (CTV). It serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was founded in 2009 and is headquartered in Ventura, California.

All amounts in USD unless otherwise indicated

TTD daily update
TTD daily update

Via UnSplash

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