Market Insight: Ault Alliance Inc (AULT)’s Notable Gain, Closing at 0.30

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

In the latest session, Ault Alliance Inc (AMEX: AULT) closed at $0.30 up 25.57% from its previous closing price of $0.24. In other words, the price has increased by $25.57 from its previous closing price. On the day, 56.97 million shares were traded. AULT stock price reached its highest trading level at $0.3835 during the session, while it also had its lowest trading level at $0.28.

Ratios:

For a deeper understanding of Ault Alliance Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 0.72.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 30 ’23 when AULT MILTON C III bought 178 shares for $21.96 per share. The transaction valued at 3,909 led to the insider holds 101,362 shares of the business.

AULT MILTON C III bought 346,644 shares of AULT for $30,817 on Nov 24 ’23. The Executive Chairman now owns 679,969 shares after completing the transaction at $0.09 per share. On Nov 24 ’23, another insider, AULT MILTON C III, who serves as the Executive Chairman of the company, bought 3,500 shares for $0.09 each. As a result, the insider paid 319 and bolstered with 6,539 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 9139881 and an Enterprise Value of 71835864. 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 0.03. Its current Enterprise Value per Revenue stands at 0.459 whereas that against EBITDA is -1.177.

Stock Price History:

Over the past 52 weeks, AULT has reached a high of $663.05, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -20.35%, while the 200-Day Moving Average is calculated to be -98.18%.

Shares Statistics:

For the past three months, AULT has traded an average of 7.68M shares per day and 7298705 over the past ten days. A total of 30.07M shares are outstanding, with a floating share count of 30.04M. Insiders hold about 0.09% of the company’s shares, while institutions hold 0.15% stake in the company. Shares short for AULT as of 1711584000 were 1501529 with a Short Ratio of 0.20, compared to 1709164800 on 1868903. Therefore, it implies a Short% of Shares Outstanding of 1501529 and a Short% of Float of 58.209999999999994.

Earnings Estimates

Current recommendations for the stock of the company come from Altimmune, Inc. analysts. The consensus estimate for the next quarter is $14.99, with high estimates of $4.52 and low estimates of $0.30.

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