Ault Alliance Inc (AULT) average volume reaches $8.91M: Is Wall Street expecting a rally?

November 20, 2023, Ault Alliance Inc (AMEX: AULT) trading session started at the price of $0.11, that was -2.84% drop from the session before. During the day, the shares moved up to $0.11 and dropped to $0.10 before settling in for the closing price of $0.11. A 52-week range for AULT has been $0.10 – $33.14.

During the last 5-year period, the sales growth of Industrials Sector giant was 86.37%. With a float of $10.24 million, this company’s outstanding shares have now reached $10.58 million.

Let’s determine the extent of company efficiency that accounts for 615 employees. In terms of profitability, gross margin is +41.67, operating margin of -32.38, and the pretax margin is -144.65.

Ault Alliance Inc (AULT) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ault Alliance Inc stocks. The insider ownership of Ault Alliance Inc is 3.29%, while institutional ownership is 1.99%. The most recent insider transaction that took place on Nov 01, was worth 300. In this transaction 10% Owner of this company sold 25,000 shares at a rate of $0.01, taking the stock ownership to the 10,990,142 shares. Before that another transaction happened on Aug 22, when Company’s 10% Owner bought 37,000 for $0.78, making the entire transaction worth $28,723. This insider now owns 148,462 shares in total.

Ault Alliance Inc (AULT) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/29/2022, it has been observed that the corporation posted -$0.02 earnings per share (EPS) during the time that was less than consensus figure (set at $0) by -$0.02. This company achieved a net margin of -135.35 while generating a return on equity of -83.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Ault Alliance Inc (AMEX: AULT) Trading Performance Indicators

You can see what Ault Alliance Inc (AULT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -193.25

Technical Analysis of Ault Alliance Inc (AULT)

Looking closely at Ault Alliance Inc (AMEX: AULT), its last 5-days average volume was 15.83 million, which is a jump from its year-to-date volume of 2.87 million. As of the previous 9 days, the stock’s Stochastic %D was 22.83%. Additionally, its Average True Range was 0.03.

During the past 100 days, Ault Alliance Inc’s (AULT) raw stochastic average was set at 0.08%, which indicates a significant decrease from 12.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.79% in the past 14 days, which was lower than the 145.98% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.2671, while its 200-day Moving Average is $13.2286. However, in the short run, Ault Alliance Inc’s stock first resistance to watch stands at $0.1101. Second resistance stands at $0.1143. The third major resistance level sits at $0.1186. If the price goes on to break the first support level at $0.1016, it is likely to go to the next support level at $0.0973. Should the price break the second support level, the third support level stands at $0.0931.

Ault Alliance Inc (AMEX: AULT) Key Stats

There are 5,553K outstanding shares of the company, which has a market capitalization of 1.12 million. As of now, sales total 134,330 K while income totals -181,820 K. Its latest quarter income was 47,410 K while its last quarter net income were -60,680 K.