(TTD) Trade Desk - Ratings and Ratios

The Trade Desk, Inc. is a technology company that operates a self-service cloud-based ad-buying platform, enabling buyers to manage data-driven digital advertising campaigns across multiple formats and channels. The companys platform supports various devices, including computers, mobile devices, televisions, and streaming devices, and provides data and value-added services to its clients.

As a key player in the application software sub-industry, The Trade Desk serves advertising agencies, advertisers, and other service providers. To evaluate the companys performance, we can examine key performance indicators (KPIs) such as revenue growth, customer acquisition costs, and return on ad spend (ROAS). The companys ability to maintain a strong ROAS and expand its customer base will be crucial in driving future growth.

From a financial perspective, The Trade Desks market capitalization stands at approximately $38.4 billion, with a price-to-earnings (P/E) ratio of 93.72 and a forward P/E ratio of 71.43. The companys return on equity (RoE) is 15.41%, indicating a relatively strong ability to generate profits from shareholder equity. To further assess the companys financial health, we can analyze metrics such as operating margins, free cash flow, and debt-to-equity ratio.

To identify potential trading opportunities, we can examine the companys stock price movements and trends. The current price is $81.13, with support levels at $81.1, $72.3, and $53.8, and resistance levels at $109.4 and $99.9. By analyzing these levels, traders can develop strategies to capitalize on potential price movements.