The stock of Ault Alliance Inc (AMEX: AULT) has increased by 25.57 when compared to last closing price of 0.24. Despite this, the company has experienced a -7.79% fall in its stock price over the last five trading sessions. InvestorPlace reported 2024-01-16 that Ault Alliance (NYSEMKT: AULT ) stock is falling on Tuesday after the company provided investors with results from its annual meeting of stockholders. Ault Alliance notes that the shareholder meeting resulted in all seven directors for its Board being approved by stockholders.
Is It Worth Investing in Ault Alliance Inc (AMEX: AULT) Right Now?
The 36-month beta value for AULT is also noteworthy at 3.84. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AULT is 30.04M, and at present, short sellers hold a 5.12% of that float. The average trading volume of AULT on April 22, 2024 was 6.78M shares.
AULT’s Market Performance
AULT stock saw a decrease of -7.79% in the past week, with a monthly decline of -17.64% and a quarterly a decrease of -58.70%. The volatility ratio for the week is 23.12%, and the volatility levels for the last 30 days are 9.52% for Ault Alliance Inc (AULT). The simple moving average for the past 20 days is -9.56% for AULT’s stock, with a -98.18% simple moving average for the past 200 days.
AULT Trading at -20.35% 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 -99.95% of loss for the given period.
Volatility was left at 9.52%, however, over the last 30 days, the volatility rate increased by 23.12%, as shares sank -17.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.42% lower at present.
During the last 5 trading sessions, AULT fell by -7.79%, which changed the moving average for the period of 200-days by -99.85% in comparison to the 20-day moving average, which settled at $0.3407. In addition, Ault Alliance Inc saw -86.62% 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 AULT starting from AULT MILTON C III, who purchase 178 shares at the price of $21.96 back on Nov 30 ’23. After this action, AULT MILTON C III now owns 101,362 shares of Ault Alliance Inc, valued at $3,909 using the latest closing price.
AULT MILTON C III, the Executive Chairman of Ault Alliance Inc, purchase 346,644 shares at $0.09 during a trade that took place back on Nov 24 ’23, which means that AULT MILTON C III is holding 679,969 shares at $30,817 based on the most recent closing price.
Stock Fundamentals for AULT
Current profitability levels for the company are sitting at:
- -0.79 for the present operating margin
- 0.2 for the gross margin
The net margin for Ault Alliance Inc stands at -1.42. The total capital return value is set at -1.36. Equity return is now at value -175.35, with -51.18 for asset returns.
Based on Ault Alliance Inc (AULT), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 1.27. The interest coverage ratio of the stock is -3.16.
Currently, EBITDA for the company is -57.65 million with net debt to EBITDA at -0.86. When we switch over and look at the enterprise to sales, we see a ratio of 0.35. The receivables turnover for the company is 13.51for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.
Conclusion
In summary, Ault Alliance Inc (AULT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
