A new trading day began on Monday, with Direct Digital Holdings Inc (NASDAQ: DRCT) stock price down -1.22% from the previous day of trading, before settling in for the closing price of $1.64. DRCT’s price has ranged from $0.51 to $35.88 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Communication Services sector company grew by 128.69% over the past five years. Meanwhile, its annual earnings per share averaged -1474.36%. With a float of $3.46 million, this company’s outstanding shares have now reached $3.80 million.
Let’s look at the performance matrix of the company that is accounted for 90 employees. In terms of profitability, gross margin is 19.54%, operating margin of -9.01%, and the pretax margin is -8.52%.
Direct Digital Holdings Inc (DRCT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Advertising Agencies Industry. The insider ownership of Direct Digital Holdings Inc is 13.81%, while institutional ownership is 6.75%. The most recent insider transaction that took place on Dec 18 ’24, was worth 5,982. In this transaction Director of this company sold 7,038 shares at a rate of $0.85, taking the stock ownership to the 55,812 shares. Before that another transaction happened on Dec 18 ’24, when Company’s Director sold 7,048 for $0.85, making the entire transaction worth $5,991. This insider now owns 30,201 shares in total.
Direct Digital Holdings Inc (DRCT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1474.36% per share during the next fiscal year.
Direct Digital Holdings Inc (NASDAQ: DRCT) Trading Performance Indicators
Here are Direct Digital Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.18, a number that is poised to hit -0.67 in the next quarter and is forecasted to reach -0.91 in one year’s time.
Technical Analysis of Direct Digital Holdings Inc (DRCT)
Direct Digital Holdings Inc (NASDAQ: DRCT) saw its 5-day average volume 8.91 million, a positive change from its year-to-date volume of 6.75 million. As of the previous 9 days, the stock’s Stochastic %D was 21.02%. Additionally, its Average True Range was 0.67.
During the past 100 days, Direct Digital Holdings Inc’s (DRCT) raw stochastic average was set at 18.25%, which indicates a significant increase from 18.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1,014.68% in the past 14 days, which was higher than the 402.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6838, while its 200-day Moving Average is $3.6753. Nevertheless, the first resistance level for the watch stands at $2.0633 in the near term. At $2.5067, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.8133. If the price goes on to break the first support level at $1.3133, it is likely to go to the next support level at $1.0067. The third support level lies at $0.5633 if the price breaches the second support level.
Direct Digital Holdings Inc (NASDAQ: DRCT) Key Stats
With a market capitalization of 7.74 million, the company has a total of 14,663K Shares Outstanding. Currently, annual sales are 157,110 K while annual income is -2,190 K. The company’s previous quarter sales were 9,080 K while its latest quarter income was -2,690 K.
