Ault Alliance Inc (AMEX:AULT): A Fundamentally Weighted Stock for Long-Term Investors

The stock of Ault Alliance Inc (AMEX:AULT) last traded at $0.38, up 10.25% from the previous session.

AULT stock price is now 11.80% away from the 50-day moving average and -95.02% away from the 200-day moving average. The market capitalization of the company currently stands at $11.57M.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

In other news, AULT MILTON C III, Executive Chairman bought 178 shares of the company’s stock on Nov 30 ’23. The stock was bought for $3,909 at an average price of $21.96. Upon completion of the transaction, the Executive Chairman now directly owns 101,362 shares in the company, valued at $38517.56. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 24 ’23, Executive Chairman AULT MILTON C III bought 346,644 shares of the business’s stock. A total of $30,817 was incurred on buying the stock at an average price of $0.09. This leaves the insider owning 679,969 shares of the company worth $0.26 million. A total of 0.09% of the company’s stock is owned by insiders.

During the past 12 months, Ault Alliance Inc has had a low of $0.22 and a high of $365.08. As of last week, the company has a debt-to-equity ratio of 1.37, a current ratio of 0.68, and a quick ratio of 0.64.

The net profit margin was -142.52% and return on equity was -175.35% for AULT. The company reported revenue of $29.89 million for the quarter, compared to $23.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.93 percent.

Related Posts