Trident Digital Tech (NASDAQ:TDTH) Stock Price Up 3.8% – Still a Buy?

Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) rose 3.8% during mid-day trading on Monday . The stock traded as high as $0.39 and last traded at $0.3217. Approximately 324,635 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 588,466 shares. The stock had previously closed at $0.31.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Trident Digital Tech in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Trident Digital Tech Stock Up 3.8%

The firm’s 50 day moving average price is $0.43 and its two-hundred day moving average price is $0.74.

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.