Direct Digital Holdings Inc (DRCT) Looks Set To Grow At A Great Clip In 2024

Direct Digital Holdings Inc (NASDAQ:DRCT) has a beta value of 7.71 and has seen 3.57 million shares traded in the recent trading session. The company, currently valued at $13.25M, closed the recent trade at $4.43 per share which meant it gained $1.28 on the day or 40.63% during that session. The DRCT stock price is -709.93% off its 52-week high price of $35.88 and 55.76% above the 52-week low of $1.96. The 3-month trading volume is 180.23K shares.

Direct Digital Holdings Inc (NASDAQ:DRCT) trade information

Sporting 40.63% in the green today, the stock has traded in the green over the last five days, when the DRCT stock price touched $4.43 or saw a rise of 6.54%. Year-to-date, Direct Digital Holdings Inc shares have moved -70.23%, while the 5-day performance has seen it change 73.05%. Over the past 30 days, the shares of Direct Digital Holdings Inc (NASDAQ:DRCT) have changed 13.59%.

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Direct Digital Holdings Inc (DRCT) estimates and forecasts

Figures show that Direct Digital Holdings Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -59.36% over the past 6 months, with this year growth rate of 6.67%, compared to 16.70% for the industry.

DRCT Dividends

Direct Digital Holdings Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.