Ault Alliance Inc (AMEX:AULT) shares, rose in value, with the stock price down by -6.69% to the previous day’s close as strong demand from buyers drove the stock to $0.28.
Actively observing the price movement in the last trading, the stock closed the session at $0.30. Referring to stock’s 52-week performance, its high was $504.04, and the low was $0.22. On the whole, AULT has fluctuated by -21.38% over the past month.
The company’s Forward Dividend Ratio is 0.00, with its dividend yield at 0.00%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 134.33M, with a low estimate of 37.5M and a high estimate of 37.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 34.36M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AULT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of AULT currently trading nearly -14.37% and -25.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.56, while the 7-day volatility ratio is showing 15.96% which for the 30-day chart, stands at 10.32%. Furthermore, Ault Alliance Inc (AULT)’s beta value is 3.80, and its average true range (ATR) is 0.04.
A comparison of Ault Alliance Inc (AULT) with its peers suggests the former has fared considerably weaker in the market. AULT showed an intraday change of -6.69% in last session, and over the past year, it shrunk by -99.94%%.
Data on historical trading for Ault Alliance Inc (AMEX:AULT) indicates that the trading volumes over the past 3 months, they’ve averaged 7.70 million. According to company’s latest data on outstanding shares, there are 30.07 million shares outstanding.
Nearly 0.09% of Ault Alliance Inc’s shares belong to company insiders and institutional investors own 0.15% of the company’s shares. The stock has fallen by -87.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AULT stock heading into the next quarter.
