Trident Digital Tech (NASDAQ:TDTH) Upgraded by Wall Street Zen to Sell Rating

Wall Street Zen upgraded shares of Trident Digital Tech (NASDAQ:TDTH) to a sell rating in a research report released on Saturday morning.

Separately, Weiss Ratings raised Trident Digital Tech from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Trident Digital Tech currently has an average rating of “Sell”.

Trident Digital Tech Price Performance

TDTH stock opened at $2.84 on Friday. The company’s fifty day moving average price is $484.40 and its 200-day moving average price is $1,269.41. Trident Digital Tech has a one year low of $1.27 and a one year high of $80.40.

Trident Digital Tech (NASDAQ:TDTH) last posted its earnings results on Tuesday, April 28th. The company reported ($844.80) earnings per share for the quarter. The company had revenue of $0.06 million for the quarter.

Institutional Investors Weigh In On Trident Digital Tech

A number of hedge funds have recently bought and sold shares of TDTH. XTX Topco Ltd grew its stake in shares of Trident Digital Tech by 397.6% in the 4th quarter. XTX Topco Ltd now owns 96,217 shares of the company’s stock worth $29,000 after buying an additional 76,879 shares in the last quarter. J. Derek Lewis & Associates Inc. purchased a new position in Trident Digital Tech in the fourth quarter worth about $59,000. Finally, Renaissance Technologies LLC increased its stake in Trident Digital Tech by 547.5% during the first quarter. Renaissance Technologies LLC now owns 424,000 shares of the company’s stock worth $81,000 after acquiring an additional 358,513 shares during the last quarter.

Trident Digital Tech Company Profile

Trident Digital Tech Holdings Ltd. engages in the provision of business consulting services and information technology customization solutions. Its products include Tridentity, TriVerse, TriEvents, and TriFood. The company was founded by Soon Huat Lim in 2014 and is headquartered in Singapore.