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

Trident Digital Tech (NASDAQ:TDTH) was upgraded by equities research analysts at Wall Street Zen to a “sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings raised shares of Trident Digital Tech from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One equities research 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 Stock Performance

TDTH opened at $2.84 on Friday. The company’s fifty day moving average price is $484.40 and its two-hundred day moving average price is $1,262.94. Trident Digital Tech has a 1-year low of $1.27 and a 1-year high of $80.40.

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

Hedge Funds Weigh In On Trident Digital Tech

Several large investors have recently bought and sold shares of TDTH. Renaissance Technologies LLC grew its stake in shares of Trident Digital Tech by 547.5% in the 1st quarter. Renaissance Technologies LLC now owns 424,000 shares of the company’s stock worth $81,000 after acquiring an additional 358,513 shares in the last quarter. J. Derek Lewis & Associates Inc. purchased a new stake in shares of Trident Digital Tech in the fourth quarter valued at about $59,000. Finally, XTX Topco Ltd lifted its position in shares of Trident Digital Tech by 397.6% during the fourth quarter. XTX Topco Ltd now owns 96,217 shares of the company’s stock valued at $29,000 after purchasing an additional 76,879 shares in 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.