At the last check on Thursday, Ault Alliance Inc.’s (AMEX:AULT) stock was up $0.03, moving up 2.89 percent to $1.07. The average number of shares traded per day over the past five days has been 544,605 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.2101 fall in that time frame. In the last twenty days, the average volume was 397,346, while in the previous 50 days, it was 1,014,301.
Since last month, AULT stock retreated -59.03%. Shares of the company fell to $1.0100 on 08/30/23, the lowest level in the past month. A 52-week high of $64.60 was reached on 02/09/23 after having rallying from a 52-week low of $1.01. Since the beginning of this year, AULT’s stock price has dropped by -95.84% or -$35.6601, and marked a new high 6 times. However, the stock has declined by -98.34% since its 52-week high.
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AULT stock investors should be aware that Ault Alliance Inc. (AULT) stock had its last reported insider trading activity 9 days ago on Aug 22. Ault Alliance, Inc., the 10% Owner of the company, purchased of 37,000 shares for $0.78 on Aug 22. It resulted in a $28,723 investment by the insider. Ault Alliance, Inc. added 10,000 shares at an average price of $0.72 on Aug 21. The insider now owns 111,462 shares following the transaction. On Jul 18, Executive Chairman AULT MILTON C III bought 91,711 shares at $4.26 apiece. The transaction was valued at $390,680.
Valuation Metrics
The stock’s beta is 3.79. Besides these, the trailing price-to-sales (P/S) ratio of 0.01, the price-to-book (PB) ratio of 0.01.
Financial Health
In the three months ended September 29, Ault Alliance Inc.’s quick ratio stood at 1.60, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.62, and the total debt-to-equity ratio was 0.80. On the profitability front, the trailing twelve-month gross margin is 26.90% percent. Based on annual data, AULT earned $55.97 million in gross profit and brought in $134.33 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -41.80%. Return on equity (ROE) for the past 12 months was -71.50%.
In Ault Alliance Inc.’s quarter-end financial report for September 29, it reported total debt of $87.56 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. AULT’s revenue rose 62.96% to $31.19 million during the quarter, while net income inched up to $46.89 million. While analysts expected Ault Alliance Inc. to report $0 quarterly earnings, the actual figure was -$0.02 per share. During the quarter, the company generated -$0.13 million in EBITDA. The liabilities of Ault Alliance Inc. were 256.89 million at the end of its most recent quarter ended September 29, and its total debt was $156.89 million. The value of shareholders’ equity is $5.55 million.
Technical Picture
This quick technical analysis looks at Ault Alliance Inc.’s (AULT) price momentum. With a historical volatility rate of 101.82%, the RSI 9-day stood at 16.78% on 30 August.
With respect to its five-day moving average, the current Ault Alliance Inc. price is down by -16.16% percent or -$0.2101. At present, AULT shares trade -55.15% below its 20-day simple moving average and -96.37% percent below its 100-day simple moving average. However, the stock is currently trading approximately -87.56% below its SMA50 and -97.53% below its SMA200.
Stochastic coefficient K was 3.01% and Stochastic coefficient D was 2.33%, while ATR was 0.2187. Given the Stochastic reading of 6.15% for the 14-day period, the RSI (14) reading has been calculated as 20.34%. As of today, the MACD Oscillator reading stands at -0.2424, while the 14-day reading stands at -0.4405.
Analyst Ratings
Ault Alliance Inc. (AULT) has been rated Buy by analysts. According to 0 brokerage firms, AULT is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Ault Alliance Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $419.50, the current consensus forecast for the stock is $419.50 – $419.50. Based on these forecasts, analysts predict Ault Alliance Inc. (AULT) will achieve an average price target of $419.50.
