Troika Media Group Inc. (NASDAQ:TRKA) finished Thursday with a subtraction of -$0.01 to close at $0.13, a downside of -8.93 percent. An average of 28,263,881 shares of common stock have been traded in the last five days. There was a gain of $0.0004 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 16,226,380 shares traded, while the 50-day average volume stands at 7,742,982.
TRKA stock has decreased by -18.85% in the last month. The company shares reached their 1-month lowest point of $0.0950 on 12/16/22. With the stock rallying to its 52-week high on 02/23/22, shares of the company touched a low of $0.09 and a high of $1.50 in 52 weeks. It has reached a new high 6 times so far this year and lost -89.02% or -$1.0326 in price. In spite of this, the price is down -91.51% from the 52-week high.
Troika Media Group Inc. (TRKA) has a trailing price-to-sales (P/S) ratio at 0.04, the price-to-book (PB) ratio at 0.61, and the price-to-cash flow ratio at 30.33.
The quick ratio of Troika Media Group Inc. for the recent quarter was 0.60, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 4.87 and a total debt to equity ratio of 4.99 for the recent quarter. Its gross profit as reported stood at $28.28 million compared to revenue of $116.41 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Troika Media Group Inc.’s return on assets was -21.20%.
For the recent quarter, Troika Media Group Inc. had $65.23 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.27 million in the quarter, while revenues of -$22.17 million were grew 268.5%. Shareholders own equity worth $67.83 million.
From a technical analysis perspective, let’s take a brief look at Troika Media Group Inc. (TRKA) price momentum. RSI 9-day as of the close on 29 December was 45.02%, suggesting the stock is Neutral, with historical volatility in this time frame at 122.87%.
As of today, TRKA’s price is $0.1372 +0.31% or $0.0004 from its 5-day moving average. TRKA is currently trading +0.16% higher than its 20-day SMA and -83.01% lower than its 100-day SMA. However, the stock’s current price level is -54.22% below the SMA50 and -87.75% below the SMA200.
The stochastic %K and %D were 57.34% and 64.02%, respectively, and the average true range (ATR) was 0.0262. With the 14-day stochastic at 43.78% and the average true range at 0.0268, the RSI (14) stands at 40.80%. The stock has reached 0.0121 on the 9-day MACD Oscillator while the 14-day reading was at 0.0166.