Ault Alliance Inc. (AMEX: AULT) is -18.37% lower on its value in year-to-date trading and has touched a low of $0.08 and a high of $1.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AULT stock was last observed hovering at around $0.11 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $2.00 for the next 12 months. It is also 95.0% off the consensus price target high of $2.00 offered by 1 analysts, but current levels are 95.0% higher than the price target low of $2.00 for the same period.
Currently trading at $0.10, the stock is -14.16% and -20.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.42 million and changing -8.68% at the moment leaves the stock -52.21% off its SMA200. AULT registered -87.17% loss for a year compared to 6-month loss of -64.29%.
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The stock witnessed a -19.35% gain in the last 1 month and extending the period to 3 months gives it a -18.57%, and is -12.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.69% over the week and 11.07% over the month.
Ault Alliance Inc. (AULT) has around 323 employees, a market worth around $40.34M and $107.80M in sales. Profit margin for the company is -81.30%. Distance from 52-week low is 21.21% and -90.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.00%).
Ault Alliance Inc. (AULT) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Ault Alliance Inc. (AULT) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Ault Alliance Inc. is expected to release its quarterly report on 05/22/2023.The EPS is expected to grow by 87.40% this year.
Ault Alliance Inc. (AULT) Top Institutional Holders
The shares outstanding are 356.76M, and float is at 308.21M with Short Float at 4.67%.
Ault Alliance Inc. (AULT) Insider Activity
A total of 19 insider transactions have happened at Ault Alliance Inc. (AULT) in the last six months, with sales accounting for 0 and purchases happening 19 times. The most recent transaction is an insider purchase by Ault Alliance, Inc.,the company’s10% Owner. SEC filings show that Ault Alliance, Inc. bought 11,000 shares of the company’s common stock on Mar 08 at a price of $0.19 per share for a total of $2144.0. Following the purchase, the insider now owns 1.43 million shares.
Ault Alliance Inc. disclosed in a document filed with the SEC on Mar 03 that Ault Alliance, Inc. (10% Owner) bought a total of 700 shares of the company’s common stock. The trade occurred on Mar 03 and was made at $2.55 per share for $1785.0. Following the transaction, the insider now directly holds 1.81 million shares of the AULT stock.
Still, SEC filings show that on Feb 27, Ault Alliance, Inc. (10% Owner) acquired 100 shares at an average price of $2.88 for $288.0. The insider now directly holds 1,806,300 shares of Ault Alliance Inc. (AULT).