Troika Media Group Inc. (NASDAQ: TRKA) is -80.16% lower on its value in year-to-date trading and has touched a low of $0.22 and a high of $1.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRKA stock was last observed hovering at around $0.24 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $1.50 for the next 12 months. It is also 84.67% off the consensus price target high of $1.50 offered by analysts, but current levels are 84.67% higher than the price target low of $1.50 for the same period.
Currently trading at $0.23, the stock is -13.84% and -25.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -5.27% at the moment leaves the stock -66.91% off its SMA200. TRKA registered -84.55% loss for a year compared to 6-month loss of -76.98%.
The stock witnessed a -20.68% gain in the last 1 month and extending the period to 3 months gives it a -68.47%, and is -13.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.76% over the week and 12.28% over the month.
Troika Media Group Inc. (TRKA) has around 58 employees, a market worth around $16.93M and $116.40M in sales. Distance from 52-week low is 2.91% and -87.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.70%).
Troika Media Group Inc. (TRKA) Analyst Forecasts
Troika Media Group Inc. is expected to release its quarterly report on 02/13/2023.The EPS is expected to shrink by -95.00% this year
Troika Media Group Inc. (TRKA) Top Institutional Holders
The shares outstanding are 67.03M, and float is at 33.33M with Short Float at 2.30%.
Troika Media Group Inc. (TRKA) Insider Activity
A total of 9 insider transactions have happened at Troika Media Group Inc. (TRKA) in the last six months, with sales accounting for 0 and purchases happening 9 times. The most recent transaction is an insider purchase by Coates Peter, the company’s 10% Owner. SEC filings show that Coates Peter bought 500,000 shares of the company’s common stock on Jul 18 at a price of $0.80 per share for a total of $0.4 million. Following the purchase, the insider now owns 10.59 million shares.
Troika Media Group Inc. disclosed in a document filed with the SEC on Jun 21 that Coates Peter (10% Owner) bought a total of 9,082 shares of the company’s common stock. The trade occurred on Jun 21 and was made at $0.93 per share for $8491.0. Following the transaction, the insider now directly holds 10.09 million shares of the TRKA stock.
Still, SEC filings show that on Jun 17, Coates Peter (10% Owner) acquired 75,513 shares at an average price of $0.95 for $71420.0. The insider now directly holds 10,082,628 shares of Troika Media Group Inc. (TRKA).