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Is a Correction Looming Ahead for Ault Alliance Inc. (AULT)

Ault Alliance Inc. (AMEX:AULT) went up by 6.04% from its latest closing price compared to the recent 1-year high of $1.11. The company’s stock price has collected 1.05% of gains in the last five trading sessions.

Is It Worth Investing in Ault Alliance Inc. (AMEX :AULT) Right Now?

Plus, the 36-month beta value for AULT is at 4.05. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Ault Alliance Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $2.00, which is $3.61 above the current price. AULT currently public float of 308.21M and currently shorts hold a 5.20% ratio of that float. Today, the average trading volume of AULT was 5.56M shares.

AULT’s Market Performance

AULT stocks went up by 1.05% for the week, with a monthly jump of 30.91% and a quarterly performance of -15.79%, while its annual performance rate touched -84.37%. The volatility ratio for the week stands at 11.57% while the volatility levels for the past 30 days are set at 12.21% for Ault Alliance Inc. The simple moving average for the period of the last 20 days is 14.50% for AULT stocks with a simple moving average of -45.28% for the last 200 days.

AULT Trading at 12.24% from the 50-Day Moving Average

After a stumble in the market that brought AULT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.03% of loss for the given period.

Volatility was left at 12.21%, however, over the last 30 days, the volatility rate increased by 11.57%, as shares surge +29.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.12% upper at present.

During the last 5 trading sessions, AULT rose by +1.05%, which changed the moving average for the period of 200-days by -77.97% in comparison to the 20-day moving average, which settled at $0.1274. In addition, Ault Alliance Inc. saw 17.55% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for AULT

Current profitability levels for the company are sitting at:

  • -34.27 for the present operating margin
  • +54.47 for the gross margin

The net margin for Ault Alliance Inc. stands at -46.15. Equity return is now at value -29.70, with -15.80 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.

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