In the last trading session, 8.35 million Ault Alliance Inc (AMEX:AULT) shares changed hands as the company’s beta touched 3.91. With the company’s per share price at $0.11 changed hands at $0.0 or -5.05% during last session, the market valuation stood at $1.15M. AULT’s last price was a discount, traded about -30027.27% off its 52-week high of $33.14. The share price had its 52-week low at $0.10, which suggests the last value was 9.09% up since then. When we look at Ault Alliance Inc’s average trading volume, we note the 10-day average is 14.65 million shares, with the 3-month average coming to 8.78 million.
Analysts gave the Ault Alliance Inc (AULT) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AULT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Ault Alliance Inc’s EPS for the current quarter is expected to be $0.
Ault Alliance Inc (AMEX:AULT) trade information
Instantly AULT was in red as seen at the end of in last trading. With action -2.68%, the performance over the past five days has been red. The drop to weekly highs of 0.1264 on Friday, 11/17/23 subtracted -5.05% to the stock’s daily price. The company’s shares are showing year-to-date downside of -99.58%, with the 5-day performance at -2.68% in the red. However, in the 30-day time frame, Ault Alliance Inc (AMEX:AULT) is -27.28% down. Looking at the short shares, we see there were 0.4 million shares sold at short interest cover period of 0.02 days.
The consensus price target for the stock as assigned by Wall Street analysts is $419.50, meaning bulls need an upside of 99.97% from its current market value. According to analyst projections, AULT’s forecast low is $419.50 with $419.50 as the target high. To hit the forecast high, the stock’s price needs a -381263.64% plunge from its current level, while the stock would need to soar -381263.64% for it to hit the projected low.
Ault Alliance Inc (AULT) estimates and forecasts
Year-over-year growth is forecast to reach 156.40% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of $34.36 million. The company’s revenue for the corresponding quarters a year ago was $7.8 million and $32.83 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 340.60%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 74.66%.
Ault Alliance Inc is expected to release its next quarterly earnings report between November 20 and November 24.
Ault Alliance Inc (AMEX:AULT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 13.12% of Ault Alliance Inc shares while 7.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 9.16%. There are 7.96% institutions holding the Ault Alliance Inc stock share, with Vanguard Group Inc the top institutional holder. As of Jun 29, 2023, the company held 0.58% of the shares, roughly 44619.0 AULT shares worth $0.23 million.
Blackrock Inc. holds the second largest percentage of outstanding shares, with 0.07% or 5666.0 shares worth $29179.0 as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 27340.0 shares estimated at $0.14 million under it, the former controlled 0.35% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.22% of the shares, roughly 16916.0 shares worth around $87117.0.