Daily Market Movement: Ault Alliance Inc (AULT) Sees a 2.55 Increase, Closing at 0.29

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The closing price of Ault Alliance Inc (AMEX: AULT) was $0.29 for the day, up 2.55% from the previous closing price of $0.28. In other words, the price has increased by $2.55 from its previous closing price. On the day, 1.01 million shares were traded. AULT stock price reached its highest trading level at $0.3039 during the session, while it also had its lowest trading level at $0.2824.

Ratios:

Our analysis of AULT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.55.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 25 ’24 when Ault Alliance, Inc. bought 5,000 shares for $0.13 per share. The transaction valued at 630 led to the insider holds 25,000 shares of the business.

Ault Alliance, Inc. bought 5,000 shares of AULT for $673 on Jun 24 ’24. The 10% Owner now owns 20,000 shares after completing the transaction at $0.13 per share. On Jun 17 ’24, another insider, AULT MILTON C III, who serves as the Executive Chairman of the company, bought 10,000 shares for $0.28 each. As a result, the insider paid 2,790 and bolstered with 25,229 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AULT now has a Market Capitalization of 10388257 and an Enterprise Value of 55169936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 0.32 whereas that against EBITDA is -1.661.

Stock Price History:

Over the past 52 weeks, AULT has reached a high of $161.31, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -11.07%, while the 200-Day Moving Average is calculated to be -87.03%.

Shares Statistics:

AULT traded an average of 3.77M shares per day over the past three months and 1619470 shares per day over the past ten days. A total of 35.85M shares are outstanding, with a floating share count of 35.81M. Insiders hold about 0.09% of the company’s shares, while institutions hold 0.69% stake in the company. Shares short for AULT as of 1718323200 were 1275409 with a Short Ratio of 0.34, compared to 1715731200 on 1311726. Therefore, it implies a Short% of Shares Outstanding of 1275409 and a Short% of Float of 4.24.

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