Direct Digital Holdings Inc (DRCT) distance from 200-day Simple Moving Average is $8.30: Right on the Precipice

Direct Digital Holdings Inc (NASDAQ: DRCT) open the trading on Wednesday, with a bit cautious approach as it glided -22.84% to $2.77, before settling in for the price of $3.59 at the close. Taking a more long-term approach, DRCT posted a 52-week range of $1.85-$35.88.

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In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was 128.69%. Meanwhile, its Annual Earning per share during the time was 16.57%. This publicly-traded company’s shares outstanding now amounts to $3.48 million, simultaneously with a float of $2.92 million. The organization now has a market capitalization sitting at $9.64 million. At the time of writing, stock’s 50-day Moving Average stood at $2.73, while the 200-day Moving Average is $8.30.

Direct Digital Holdings Inc (DRCT) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Advertising Agencies industry. Direct Digital Holdings Inc’s current insider ownership accounts for 15.96%, in contrast to 8.84% institutional ownership. According to the most recent insider trade that took place on Jun 14 ’24, this organization’s Director sold 2,890 shares at the rate of 5.10, making the entire transaction reach 14,752 in total value, affecting insider ownership by 38,071. Preceding that transaction, on Jun 14 ’24, Company’s Director sold 1,098 for 5.22, making the whole transaction’s value amount to 5,732. This particular insider is now the holder of 12,634 in total.

Direct Digital Holdings Inc (DRCT) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Direct Digital Holdings Inc (NASDAQ: DRCT) Trading Performance Indicators

Let’s observe the current performance indicators for Direct Digital Holdings Inc (DRCT). It’s Quick Ratio in the last reported quarter now stands at 1.08. The Stock has managed to achieve an average true range (ATR) of 0.41. Alongside those numbers, its PE Ratio stands at $19.81, and its Beta score is 7.50. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.06. Similarly, its price to free cash flow for trailing twelve months is now 4.05.

In the same vein, DRCT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.14.

Technical Analysis of Direct Digital Holdings Inc (DRCT)

[Direct Digital Holdings Inc, DRCT] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 68.06% While, its Average True Range was 0.49.

Raw Stochastic average of Direct Digital Holdings Inc (DRCT) in the period of the previous 100 days is set at 21.00%, which indicates a major fall in contrast to 43.40% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 173.93% that was higher than 148.60% volatility it exhibited in the past 100-days period.