How Do Ault Alliance Inc (AMEX:AULT)’s Fundamentals Affect Performance

The price of Ault Alliance Inc (AMEX:AULT) shares last traded on Wall Street fell -9.24% to $0.11.

AULT stock price is now -71.01% away from the 50-day moving average and -98.93% away from the 200-day moving average. The market capitalization of the company currently stands at $1.18M.

In other news, Ault Alliance, Inc., 10% Owner sold 25,000 shares of the company’s stock on Nov 01. The stock was sold for $300 at an average price of $0.01. Upon completion of the transaction, the 10% Owner now directly owns 10,990,142 shares in the company, valued at $1.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22, 10% Owner Ault Alliance, Inc. bought 37,000 shares of the business’s stock. A total of $28,723 was incurred on buying the stock at an average price of $0.78. This leaves the insider owning 148,462 shares of the company worth $16330.82. A total of 4.51% of the company’s stock is owned by insiders.

A candlestick chart of Ault Alliance Inc (AMEX: AULT) showed a price of $0.1218 on Friday morning. During the past 12 months, Ault Alliance Inc has had a low of $0.11 and a high of $33.14. As of last week, the company has a debt-to-equity ratio of 1.69, a current ratio of 0.52, and a quick ratio of 0.38. The fifty day moving average price for AULT is $0.3684 and a two-hundred day moving average price translates $14.4141 for the stock.

The latest earnings results from Ault Alliance Inc (AMEX: AULT) was released for Jun, 2023. According to the Aerospace & Defense Company, earnings per share came in at -$0.02, missing analysts’ expectations of $0 by -0.02. This compares to -$27.00 EPS in the same period last year. The net profit margin was -143.53% and return on equity was -111.35% for AULT. The company reported revenue of $47.41 million for the quarter, compared to $17.37 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 172.99 percent. For the current quarter, analysts expect AULT to generate $34.36M in revenue.

Ault Alliance Inc(AULT) Company Profile

Ault Alliance, Inc., through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. The company operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, BNI, GIGA, TurnOnGreen, AGREE, and Ault Disruptive. It offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as social hubs and unique and virtual world. The company also provides consumer electronic solutions; commercial loans, convertible notes, and revolving lines of credit; and virtual training courses through the LightSpeedVT platform, as well as creates various media, communications, and content, including web development, corporate communications, social media, and scripted and unscripted television. In addition, it invests in public and private companies; and various commercial and residential real estate, including hospitality, multifamily, and industrial properties, as well as operates hotels and other commercial real estate, and data centers; and Bitcoin mining activities. It sells its products directly through its sales force, as well as through manufacturer representatives and distributors. It serves crane services, oil exploration, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles industries. The company was formerly known as BitNile Holdings, Inc. and changed its name to Ault Alliance, Inc. in January 2023. Ault Alliance, Inc. was incorporated in 1969 and is headquartered in Las Vegas, Nevada.

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