Millennium Management LLC recently announced the acquisition of new stake in Ault Alliance Inc (AMEX:AULT). This fresh investment now brings its stake to 0.08% valued currently at $4889.0. In addition, American Portfolios Advisors, Inc raised its holdings by 46500.0 to 50040.0 shares.
With over 12.49 million Ault Alliance Inc (AULT) shares trading Monday and a closing price of $0.08 on the day, the dollar volume was approximately $1.0 million. The shares have shown a negative half year performance of -98.17% and its price on 01/08/24 lost nearly -4.12%. Currently, there are 70.56M common shares owned by the public and among those 69.86M shares have been available to trade.
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Insiders at the company have transacted a total of 11 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 11 of these insider trades were purchases, accounting for 3,432,949 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Ault Alliance Inc are Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Bridgeway Ultra Small Company Mar. Vanguard Extended Market Index Fu owns 16916.0 shares of the company’s stock, all valued at over $1455.0. Bridgeway Ultra Small Company Mar bought 4700.0 shares to bring its total holdings to over 4700.0 shares at a value of $404.0. Bridgeway Ultra Small Company Mar now owns shares totaling to 0.01% of the shares outstanding.
Shares of Ault Alliance Inc (AMEX: AULT) opened at $0.09, up $0.01 from a prior closing price of $0.08. However, the script later moved the day high at 0.0869, down -4.12%. The company’s stock has a 5-day price change of -15.40% and -70.92% over the past three months. AULT shares are trading -15.40% year to date (YTD), with the 12-month market performance down to -99.73% lower. It has a 12-month low price of $0.08 and touched a high of $33.14 over the same period. AULT has an average intraday trading volume of 17.17 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -12.50%, -23.29%, and -98.63% respectively.
Institutional ownership of Ault Alliance Inc (AMEX: AULT) shares accounts for 0.30% of the company’s 70.56M shares outstanding. Mutual fund holders own 0.26%, while other institutional holders and individual stakeholders account for 0.99% and 0.04% respectively.
It has a market capitalization of $5.58M and a beta (3y monthly) value of 3.80. The earnings-per-share (ttm) stands at -$189.60. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.80% over the week and 11.02% over the month.
Analysts forecast that Ault Alliance Inc (AULT) will achieve an EPS of $Ault Alliance, Inc. for the current quarter, $0.08 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Applied Therapeutics, Inc. while analysts give the company a high EPS estimate of $Autolus Therapeutics plc. Comparatively, EPS for the current quarter was $Fulton Financial Corporation a year ago.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Ault Alliance Inc (AULT) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”