Ault Alliance Inc (AULT): Are Investors Missing The Big Picture?

Ault Alliance Inc (AMEX:AULT) does about 7.72M shares in volume on a normal day but saw 2823524 shares change hands in Monday trading. The company now has a market cap of 8.88M USD. Its current market price is $0.30, marking an increase of 4.01% compared to the previous close of $0.28. The 52 week high reached by this stock is $489.26 whilst the lowest price level in 52 weeks is $0.22.

Ault Alliance Inc (AULT) has a 20-day trading average at $0.3188 and the current price is -99.94% off the 52-week high compared with 33.91% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3719 and its 200-day simple moving average is $21.7557. If we look at the stock’s price movements over the week, volatility stands at 9.32%, which increases to 10.53% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 42.34 to suggest the stock is neutral.

The consensus objective for the share price is $10192.93, suggesting that the stock has a potential upside of 100.0% over the period.

Ault Alliance Inc (AULT) stock is down -0.71% over the week and -19.40% over the past month. Its price is -87.00% year-to-date and -99.94% over the past year.

The stock last released its quarterly earnings report for quarter ended 9/30/2022, with the company’s earnings per share (EPS) of -0.38 below consensus estimates by -0.32. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $34.36M.

To reach the target analysts have set, the stock logically needs to grow 100.0 percent from here.

The company has a return on investment of -302.87% and return on equity of -175.35%. The beta has a value of 3.82. Price to book ratio is 0.03 and price to sales ratio is 0.05.