Ault Alliance Inc (AULT) Shares Down Despite Recent Market Volatility

Ault Alliance Inc (AMEX: AULT) has seen a decline in its stock price by -2.49 in relation to its previous close of 0.28. However, the company has experienced a -4.62% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-05-17 that LAS VEGAS–(BUSINESS WIRE)—- $AGREE #13_Percent_Cumulative_Preferred–Ault Alliance Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock.

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

Moreover, the 36-month beta value for AULT is 3.53. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for AULT is 32.64M and currently, short sellers hold a 3.52% of that float. On July 31, 2024, AULT’s average trading volume was 2.67M shares.

AULT’s Market Performance

AULT stock saw a decrease of -4.62% in the past week, with a monthly decline of -2.21% and a quarterly a decrease of -7.08%. The volatility ratio for the week is 8.38%, and the volatility levels for the last 30 days are 7.11% for Ault Alliance Inc (AULT). The simple moving average for the last 20 days is -6.02% for AULT stock, with a simple moving average of -75.16% for the last 200 days.

AULT Trading at -12.57% 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 -99.63% of loss for the given period.

Volatility was left at 7.11%, however, over the last 30 days, the volatility rate increased by 8.38%. Over the last 50 days, in opposition, the stock is trading -28.94% lower at present.

During the last 5 trading sessions, AULT fell by -4.97%, which changed the moving average for the period of 200-days by -96.30% in comparison to the 20-day moving average, which settled at $0.2921. In addition, Ault Alliance Inc saw -87.92% 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 Alliance, Inc., who purchase 5,000 shares at the price of $0.13 back on Jun 25 ’24. After this action, Ault Alliance, Inc. now owns 25,000 shares of Ault Alliance Inc, valued at $630 using the latest closing price.

Ault Alliance, Inc., the 10% Owner of Ault Alliance Inc, purchase 5,000 shares at $0.13 during a trade that took place back on Jun 24 ’24, which means that Ault Alliance, Inc. is holding 20,000 shares at $673 based on the most recent closing price.

Stock Fundamentals for AULT

Current profitability levels for the company are sitting at:

  • -0.57 for the present operating margin
  • 0.28 for the gross margin

The net margin for Ault Alliance Inc stands at -1.01. The total capital return value is set at -0.98. Equity return is now at value -147.62, with -40.18 for asset returns.

Based on Ault Alliance Inc (AULT), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 0.9. The interest coverage ratio of the stock is -3.13.

Currently, EBITDA for the company is -57.65 million with net debt to EBITDA at -1.54. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 13.66for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.

Conclusion

To wrap up, the performance of Ault Alliance Inc (AULT) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.

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