Direct Digital Holdings Inc (NASDAQ:DRCT)’s traded shares stood at 30.27 million during the last session, with the company’s beta value hitting 6.60. At the close of trading, the stock’s price was $0.88, to imply an increase of 26.18% or $0.18 in intraday trading. The DRCT share’s 52-week high remains $6.59, putting it -648.86% down since that peak but still an impressive 50.0% since price per share fell to its 52-week low of $0.44. The company has a valuation of $7.18M, with an average of 4.68 million shares in intraday trading volume over the past 10 days and average of 849.29K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Direct Digital Holdings Inc (DRCT), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give DRCT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Direct Digital Holdings Inc (NASDAQ:DRCT) trade information
After registering a 26.18% upside in the last session, Direct Digital Holdings Inc (DRCT) has traded red over the past five days. The 5-day price performance for the stock is 43.70%, and 38.42% over 30 days. With these gigs, the year-to-date price performance is -44.37%. Short interest in Direct Digital Holdings Inc (NASDAQ:DRCT) saw shorts transact 0.47 million shares and set a 0.33 days time to cover.
The extremes give us $8 and $8 for target low and target high price respectively. As such, DRCT has been trading -809.09% off suggested target high and -809.09% from its likely low.
DRCT Dividends
Direct Digital Holdings Inc has its next earnings report out on 2025-Mar-26. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Direct Digital Holdings Inc (NASDAQ:DRCT)’s Major holders
Direct Digital Holdings Inc insiders hold 4.58% of total outstanding shares, with institutional holders owning 3.50% of the shares at 3.66% float percentage. In total, 3.50% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 0.14 million shares (or 0.9651% of shares), all amounting to roughly $0.56 million.
The next major institution holding the largest number of shares is AMERIPRISE FINANCIAL INC with 38260.0 shares, or about 0.2676% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.15 million.
