Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Direct Digital Holdings Inc (NASDAQ: DRCT) closed the day trading at $1.62 up 1.89% from the previous closing price of $1.59. In other words, the price has increased by $1.89 from its previous closing price. On the day, 0.82 million shares were traded. DRCT stock price reached its highest trading level at $1.74 during the session, while it also had its lowest trading level at $1.52.
Ratios:
For a better understanding of DRCT, let’s look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 24467184 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:
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 -11.17%, while the 200-Day Moving Average is calculated to be -62.76%.
Shares Statistics:
Over the past 3-months, DRCT traded about 1.82M shares per day on average, while over the past 10 days, DRCT traded about 10678500 shares per day. 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 0.12, compared to 1727654400 on 113632. Therefore, it implies a Short% of Shares Outstanding of 120331 and a Short% of Float of 3.73.
