The 51.10% Simple Moving Average of Direct Digital Holdings Inc’s (DRCT) Stock in the Past 200 Days

The stock of Direct Digital Holdings Inc (DRCT) has gone down by -55.72% for the week, with a -44.45% drop in the past month and a -13.84% drop in the past quarter. The volatility ratio for the week is 16.38%, and the volatility levels for the past 30 days are 15.49% for DRCT. The simple moving average for the past 20 days is -47.90% for DRCT’s stock, with a 51.10% simple moving average for the past 200 days.

Is It Worth Investing in Direct Digital Holdings Inc (NASDAQ: DRCT) Right Now?

Direct Digital Holdings Inc (NASDAQ: DRCT) has a higher price-to-earnings ratio of 91.90x compared to its average ratio, The 36-month beta value for DRCT is at 7.92. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The public float for DRCT is 2.54M, and currently, shorts hold a 9.64% of that float. The average trading volume for DRCT on April 03, 2024 was 272.62K shares.

DRCT) stock’s latest price update

The stock price of Direct Digital Holdings Inc (NASDAQ: DRCT) has dropped by -10.41 compared to previous close of 14.31. Despite this, the company has seen a fall of -55.72% in its stock price over the last five trading days. InvestorPlace reported 2024-03-27 that Direct Digital (NASDAQ: DRCT ) stock is falling on Wednesday after the programmatic advertising platform company released its earnings report for Q4 2023. Direct Digital starts off its report with diluted earnings per share of -8 cents.

DRCT Trading at -30.83% from the 50-Day Moving Average

After a stumble in the market that brought DRCT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.27% of loss for the given period.

Volatility was left at 15.49%, however, over the last 30 days, the volatility rate increased by 16.38%, as shares sank -46.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.48% upper at present.

During the last 5 trading sessions, DRCT fell by -55.72%, which changed the moving average for the period of 200-days by +295.68% in comparison to the 20-day moving average, which settled at $24.04. In addition, Direct Digital Holdings Inc saw -13.84% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DRCT starting from SMITH W KEITH, who sale 41,348 shares at the price of $10.22 back on Dec 12 ’23. After this action, SMITH W KEITH now owns 130,722 shares of Direct Digital Holdings Inc, valued at $422,577 using the latest closing price.

SMITH W KEITH, the President of Direct Digital Holdings Inc, sale 77,930 shares at $11.13 during a trade that took place back on Dec 11 ’23, which means that SMITH W KEITH is holding 172,070 shares at $867,361 based on the most recent closing price.

Stock Fundamentals for DRCT

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.21 for the gross margin

The net margin for Direct Digital Holdings Inc stands at 0.01. The total capital return value is set at 0.18. Equity return is now at value 57.37, with 3.12 for asset returns.

Based on Direct Digital Holdings Inc (DRCT), the company’s capital structure generated 0.93 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 12.96. The interest coverage ratio of the stock is 3.65.

Currently, EBITDA for the company is 9.02 million with net debt to EBITDA at 2.82. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 4.22for trailing twelve months and the total asset turnover is 2.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.

Conclusion

In conclusion, Direct Digital Holdings Inc (DRCT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts