Market Insights: Direct Digital Holdings Inc (DRCT)’s Notable Drop of -1.22, Closing at 1.62

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Direct Digital Holdings Inc’s stock clocked out at $1.62, down -1.22% from its previous closing price of $1.64. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 5.82 million shares were traded. DRCT stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $1.45.

Ratios:

To gain a deeper understanding of DRCT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.25.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 18 ’24 when Leatherberry Antoinette Renee sold 7,038 shares for $0.85 per share. The transaction valued at 5,982 led to the insider holds 55,812 shares of the business.

Locke Mistelle sold 7,048 shares of DRCT for $5,991 on Dec 18 ’24. The Director now owns 30,201 shares after completing the transaction at $0.85 per share. On Dec 18 ’24, another insider, Cohen Richard, who serves as the Director of the company, sold 7,057 shares for $0.85 each. As a result, the insider received 5,998 and left with 55,905 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, DRCT now has a Market Capitalization of 26088966 and an Enterprise Value of 38353324. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08. Its current Enterprise Value per Revenue stands at 0.265 whereas that against EBITDA is -5.519.

Stock Price History:

The Beta on a monthly basis for DRCT is 6.64, which has changed by -0.8616034 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, DRCT has reached a high of $35.88, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is -3.79%, while the 200-Day Moving Average is calculated to be -55.92%.

Shares Statistics:

It appears that DRCT traded 2.48M shares on average per day over the past three months and 5264960 shares per day over the past ten days. A total of 3.80M shares are outstanding, with a floating share count of 3.46M. Insiders hold about 13.81% of the company’s shares, while institutions hold 6.75% stake in the company. Shares short for DRCT as of 1730332800 were 120331 with a Short Ratio of 0.09, compared to 1727654400 on 113632. Therefore, it implies a Short% of Shares Outstanding of 120331 and a Short% of Float of 3.73.

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