Trident Digital Tech Stock Today

TDTH Stock   2.64  0.01  0.38%   

Performance

0 of 100

 
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Odds Of Distress

Over 54

 
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Trident Digital is trading at 2.64 as of the 11th of November 2024. This is a 0.38 percent up since the beginning of the trading day. The stock's open price was 2.63. Trident Digital has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Trident Digital Tech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of November 2022 and ending today, the 11th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
10th of September 2024
Category
Technology
Classification
Information Technology
Trident Digital is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 58.3 M outstanding shares of which 25.37 K shares are at this time shorted by private and institutional investors with about 0.4 trading days to cover. More on Trident Digital Tech

Trident Stock Highlights

Chairman FounderSoon Lim
Business ConcentrationIT Consulting & Other Services, Information Technology Services, Information Technology, NASDAQ Composite, Information Technology, IT Services, Information Technology Services, Information Technology (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt171.9 K193.4 K
Fairly Down
Slightly volatile
Total Current Liabilities1.9 MM
Significantly Down
Slightly volatile
Non Current Liabilities Total1.1 M1.4 M
Significantly Down
Slightly volatile
Total Assets3.4 M5.8 M
Way Down
Slightly volatile
Total Current Assets2.1 MM
Way Down
Slightly volatile
Trident Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Trident Digital's financial leverage. It provides some insight into what part of Trident Digital's total assets is financed by creditors.
Trident Digital Tech (TDTH) is traded on NASDAQ Exchange in USA. It is located in No. 24-03, Suntec Tower Three, Singapore, Singapore, 038988 and employs 50 people. Trident Digital is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 170.4 M. Trident Digital Tech conducts business under IT Services sector and is part of Information Technology industry. The entity has 58.3 M outstanding shares of which 25.37 K shares are at this time shorted by private and institutional investors with about 0.4 trading days to cover.
Check Trident Digital Probability Of Bankruptcy

Trident Digital Historical Income Statement

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Trident Stock Against Markets

When determining whether Trident Digital Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trident Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trident Digital Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trident Digital Tech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trident Digital Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trident Digital. If investors know Trident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.026
Quarterly Revenue Growth
0.272
Return On Assets
(0.67)
Return On Equity
(8.62)
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.