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Ault Alliance Inc (AULT) – Don’t Be So Quick to Call it Dead

Ault Alliance Inc (AMEX: AULT) is -90.71% lower on its value in year-to-date trading and has touched a low of $0.19 and a high of $32.84 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 $0.23 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $0.21, the stock is -7.74% and -20.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -7.94% at the moment leaves the stock -72.80% off its SMA200. AULT registered -99.26% loss for a year compared to 6-month loss of -56.03%.

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The stock witnessed a -25.01% gain in the last 1 month and extending the period to 3 months gives it a -36.03%, and is -10.32% 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 9.54% over the week and 10.06% over the month.

Ault Alliance Inc (AULT) has around 643 employees, a market worth around $8.20M and $157.81M in sales. Profit margin for the company is -98.41%. Distance from 52-week low is 10.47% and -99.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-270.72%).

Ault Alliance Inc quarterly earnings per share for the current quarter are estimated at 0.0 with sales reaching $34.36M over the same period., but quarterly earnings will post 156.40% year-over-year. Quarterly sales are estimated to grow 340.60% in year-over-year returns.

16.0 institutions hold shares in Ault Alliance Inc (AULT), with institutional investors hold 1.81% of the company’s shares. The shares outstanding are 38.85M, and float is at 38.81M with Short Float at 2.42%. Institutions hold 1.81% of the Float.

Ault Alliance Inc (AULT) Insider Activity

The most recent transaction is an insider purchase by AULT MILTON C III, the company’s Executive Chairman. SEC filings show that AULT MILTON C III bought 2,500 shares of the company’s common stock on Aug 26 ’24 at a price of $0.23 per share for a total of $576.0. Following the purchase, the insider now owns 10145.0 shares.

Ault Alliance Inc disclosed in a document filed with the SEC on Aug 23 ’24 that AULT MILTON C III (Executive Chairman) bought a total of 1,300 shares of the company’s common stock. The trade occurred on Aug 23 ’24 and was made at $0.23 per share for $303.0. Following the transaction, the insider now directly holds 7645.0 shares of the AULT stock.

Still, SEC filings show that on Aug 21 ’24, AULT MILTON C III (Executive Chairman) acquired 2,300 shares at an average price of $0.23 for $539.0. The insider now directly holds 5,845 shares of Ault Alliance Inc (AULT).

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