Should Investors Trust The Upside Potential In Direct Digital Holdings Inc (DRCT)?

money audit

Direct Digital Holdings Inc (NASDAQ:DRCT) currently has a daily average trading volume of 849.29K but it saw 30271997 shares traded in last market. With a market cap of 7.18M USD, the company’s current market price of $0.88 came rising about 26.18 while comparing to the previous closing price of $0.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.59 and as low as $0.44. In the recent trading on the day, stock has struck highest price mark of $0.6999 while lowest mark touched by it was $1.23.

Taking a look at 20-day trading activity of Direct Digital Holdings Inc (DRCT) gives us an average price of $0.6015, while its current price level is -86.58% below from 52-week high level whereas it is 100.57% 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 $0.7642 while that of 200 days or SMA-200 reads an average of $1.9004. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.51% during that period while stretching the period over a month that decreases to 21.21%. 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 61.11 which implies that the stock is in neutral territory.

Over the week, DRCT’s stock price is moving 43.70% up while it is 38.42% when we observe its performance for the past one month. Year-to-date it is -44.37% down and over the past year, the stock is showing a downside performance of -83.86%.

The company is expected to be releasing its next quarterly report on 2025-Mar-26, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is 0.17. In next quarter, company is expected to be making quarterly sales of $18.23M as analysts are expecting the sales for current fiscal year at $92.69M and seeing the company making $117.31M in sales next year. Moreover, analysts are in estimates of $9.4M for current-quarter revenue.

Currently, Direct Digital Holdings Inc’s total number of outstanding shares is 8.12M with 4.58% of that held by the insiders while 3.50% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -22.76% and return on equity (ROE) at -320.07%. It has a 14.74 of forward P/E ratio. Stock’s beta reads 6.60. Stock has a price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -12.90% on average.