Wall Street Zen Upgrades Trident Digital Tech (NASDAQ:TDTH) to Sell

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

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

Trident Digital Tech Price Performance

Shares of NASDAQ:TDTH 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 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.

Institutional Investors Weigh In On Trident Digital Tech

A number of institutional investors have recently made changes to their positions in TDTH. XTX Topco Ltd raised its position in 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 purchasing an additional 76,879 shares during the period. J. Derek Lewis & Associates Inc. bought a new stake in Trident Digital Tech in the fourth quarter worth $59,000. Finally, Renaissance Technologies LLC boosted its position in Trident Digital Tech by 547.5% during the first quarter. Renaissance Technologies LLC now owns 424,000 shares of the company’s stock valued at $81,000 after buying an additional 358,513 shares during the period.

About Trident Digital Tech

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.