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Tuesday, March 21, 2023

Is Troika Media Group Inc. (NASDAQ: TRKA) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Troika Media Group Inc. (TRKA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.195, or -34.82%, to $0.365. The Troika Media Group Inc. has recorded 108,985,585 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Troika Media Group Inc. Reports Record Revenue of $187.9 million, Adjusted EBITDA of $5.0 million for the Six Months Ended December 31, 2022.


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Stocks Info

This NASDAQ-listed company operates within the Advertising Agencies industry segment, falling under the Communication Services sector. At the end of the last regular session, the stock closed at $0.56 and fluctuated between $0.9900 as its day high and $0.4326 as its day low. The current market capitalization of Troika Media Group Inc. is $39.69M. A total of 598.91 million shares were traded on the day, compared to an average of 45.91M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, TRKA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 12 BUYs and 0 SELLs from insiders. Insiders purchased 2,006,286 shares during that period but sold 0.

In the most recent transaction, Coates Peter bought 500,000 shares of TRKA for 0.80 per share on Jul 18. After the transaction, the 10% Owner now owns 10,591,710 company shares. In a previous transaction on Jun 21, Coates Peter bought 9,082 shares at 0.93 per share. TRKA shares that 10% Owner owns now total 10,091,710.

Among the insiders who bought shares, Coates Peter acquired of 75,513 shares on Jun 17 at a per-share price of $0.95. This resulted in the 10% Owner holding 10,082,628 shares of TRKA after the transaction. In another insider transaction, Coates Peter bought 247,024 shares at $0.82 per share on Jun 16. Company shares held by the 10% Owner now total 10,007,115.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for TRKA in the last 3 months, the mean price target is $1.50 with high estimates of $1.50 and low estimates of $1.50. In terms of 52-week highs and lows, TRKA has a high of $1.42 and a low of $0.09.

As of this writing, TRKA has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRKA is Buy with a score of 5.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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