Direct Digital Holdings Inc (NASDAQ: DRCT) Now $0.51 Higher From Its Low (2.5), Does It Still Have A Growth Story?

Direct Digital Holdings Inc (NASDAQ:DRCT) currently has a daily average trading volume of 1.59M but it saw 5370761 shares traded in last market. With a market cap of 12.76M USD, the company’s current market price of $3.01 came falling about -18.87 while comparing to the previous closing price of $3.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.88 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $2.55 while lowest mark touched by it was $3.22.

Taking a look at 20-day trading activity of Direct Digital Holdings Inc (DRCT) gives us an average price of $1.34, while its current price level is -91.61% below from 52-week high level whereas it is 489.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.91 while that of 200 days or SMA-200 reads an average of $5.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 193.82% during that period while stretching the period over a month that decreases to 58.56%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.27 which implies that the stock is in neutral territory.

Over the week, DRCT’s stock price is moving 415.94% up while it is 124.63% when we observe its performance for the past one month. Year-to-date it is -79.77% down and over the past year, the stock is showing a downside performance of -77.87%.

Currently, Direct Digital Holdings Inc’s total number of outstanding shares is 3.80M. Company’s return on equity (ROE) at -320.07%. Stock’s beta reads 6.59. Stock has a price to sale or P/S ratio amounts to 0.14. Its return on asset (ROA) is -8.95% on average.