Investors in cash trouble should check out Ault Alliance Inc. (AULT)

Ault Alliance Inc. (AMEX: AULT) stock jumped 6.04% on Monday to $0.14 against a previous-day closing price of $0.14. With 12.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.56 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $0.1500 whereas the lowest price it dropped to was $0.1303. The 52-week range on AULT shows that it touched its highest point at $1.11 and its lowest point at $0.09 during that stretch. It currently has a 1-year price target of $3.75. Beta for the stock currently stands at 4.05.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AULT was up-trending over the past week, with a rise of 1.05%, but this was up by 30.91% over a month. Three-month performance dropped to -15.79% while six-month performance fell -54.99%. The stock lost -84.37% in the past year, while it has gained 17.55% so far this year. A look at the trailing 12-month EPS for AULT yields -0.78 with Next year EPS estimates of 0.00. For the next quarter, that number is 0.02. This implies an EPS growth rate of 87.40% for this year and 100.00% for next year.

Float and Shares Shorts:

At present, 356.76 million AULT shares are outstanding with a float of 308.21 million shares on hand for trading.


Institutional Ownership:

Other institutions hold 4.70% of AULT, in contrast to 2.99% held by mutual funds. Shares owned by individuals account for 15.79%. As the largest shareholder in AULT with 3.77% of the stake, The Vanguard Group, Inc. holds 13,440,547 shares worth 13,440,547. A second-largest stockholder of AULT, GSA Capital Partners LLP, holds 2,978,381 shares, controlling over 0.84% of the firm’s shares. Geode Capital Management LLC is the third largest shareholder in AULT, holding 2,383,715 shares or 0.67% stake. With a 2.30% stake in AULT, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 8,202,267 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 1.42% of AULT stock, is the second-largest Mutual Fund holder. It holds 5,075,133 shares valued at 0.62 million. Fidelity Extended Market Index Fu holds 0.40% of the stake in AULT, owning 1,407,945 shares worth 0.17 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AULT since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AULT analysts setting a high price target of $2.00 and a low target of $2.00, the average target price over the next 12 months is $2.00. Based on these targets, AULT could surge 1328.57% to reach the target high and rise by 1328.57% to reach the target low. Reaching the average price target will result in a growth of 1328.57% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. AULT will report FY 2022 earnings on 02/28/2024. Analysts have provided yearly estimates in a range of -$0.20 being high and -$0.20 being low. For AULT, this leads to a yearly average estimate of -$0.20. The surprise factor in the prior quarter was -$0.08.

Summary of Insider Activity:

Insiders traded AULT stock several times over the past three months with 12 Buys and 0 Sells. In these transactions, 3,925,000 shares were bought while 0 shares were sold. The number of buy transactions has increased to 44 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 17,678,334 while 0 shares were sold.

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