ADTH Stock Summary and Trading Ideas (Adtheorent Holding Company | NASDAQ:ADTH)

AdTheorent Holding Co Inc is a digital media platform that focuses on performance-first, privacy-forward methods to execute programmatic digital advertising campaigns, serving both advertising agency and brand customers. Geographically it serves Canada, the United Kingdom, and Others. Key revenue is earned from the United States.

Adtheorent Holding Company trades on the NASDAQ stock market under the symbol ADTH.

As of April 24, 2024, ADTH stock price climbed to $3.24 with 3,511,838 million shares trading.

ADTH has a beta of -0.36, meaning it tends to be less sensitive to market movements. ADTH has a correlation of 0.00 to the broad based SPY ETF.

ADTH has a market cap of $294.53 million. This is considered a Small Cap stock.

Last quarter Adtheorent Holding Company reported $60 million in Revenue and $.01 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.06.

The top ETF exchange traded funds that ADTH belongs to (by Net Assets): VTI, VXF, IWC, BSVO, AVSC.

ADTH has outperformed the market in the last year with a price return of +107.7% while the SPY ETF gained +24.2%. ADTH has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +26.1% and +0.9%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

ADTH support price is $3.11 and resistance is $3.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADTH stock will trade within this expected range on the day.