Ault Alliance Inc [AULT] moved down -5.93: Why It’s Important

Ault Alliance Inc [AMEX: AULT] closed the trading session at $0.12 on 11/06/23. The day’s price range saw the stock hit a low of $0.11, while the highest price level was $0.12. The company report on November 6, 2023 at 6:30 AM that Ault Alliance Announces Licensing of MLSE Platform by its Subsidiary, MTIX Ltd.

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has entered into a license agreement for its patented Multiplexed Laser Surface Enhancement (“MLSE”) technology.

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The MLSE technology employs several different process algorithms for digital scouring and post-dye cleaning to help reduce and eliminate water from processes that are historically water intensive.

The stocks have a year to date performance of -99.55 percent and weekly performance of -13.01 percent. The stock has been moved at -99.38 percent over the last six months. The stock has performed -57.46 percent around the most recent 30 days and changed -95.14 percent over the most recent 3-months.

If compared to the average trading volume of 6.70M shares, AULT reached to a volume of 7634055 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Ault Alliance Inc [AULT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AULT shares is $419.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AULT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Ault Alliance Inc is set at 0.05, with the Price to Sales ratio for AULT stock in the period of the last 12 months amounting to 0.01. The Price to Book ratio for the last quarter was 0.00, with the Price to Cash per share for the same quarter was set at 2.31.

AULT stock trade performance evaluation

Ault Alliance Inc [AULT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.01. With this latest performance, AULT shares dropped by -57.46% in over the last four-week period, additionally sinking by -99.38% over the last 6 months – not to mention a drop of -99.66% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AULT stock in for the last two-week period is set at 20.98, with the RSI for the last a single of trading hit 23.31, and the three-weeks RSI is set at 21.48 for Ault Alliance Inc [AULT]. The present Moving Average for the last 50 days of trading for this stock 0.4452, while it was recorded at 0.1227 for the last single week of trading, and 15.2256 for the last 200 days.

Ault Alliance Inc [AULT]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Ault Alliance Inc [AULT] shares currently have an operating margin of -32.38 and a Gross Margin at +41.67. Ault Alliance Inc’s Net Margin is presently recorded at -135.35.

Return on Total Capital for AULT is now -9.24, given the latest momentum, and Return on Invested Capital for the company is -60.42. Return on Equity for this stock declined to -83.91, with Return on Assets sitting at -34.57. When it comes to the capital structure of this company, Ault Alliance Inc [AULT] has a Total Debt to Total Equity ratio set at 74.31. Additionally, AULT Total Debt to Total Capital is recorded at 42.63, with Total Debt to Total Assets ending up at 27.33. Long-Term Debt to Equity for the company is recorded at 52.67, with the Long-Term Debt to Total Capital now at 30.21.

Reflecting on the efficiency of the workforce at the company, Ault Alliance Inc [AULT] managed to generate an average of -$295,636 per employee. Receivables Turnover for the company is 6.54 with a Total Asset Turnover recorded at a value of 0.26.Ault Alliance Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.38 and a Current Ratio set at 0.52.

Ault Alliance Inc [AULT]: Institutional Ownership

The top three institutional holders of AULT stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in AULT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in AULT stock with ownership which is approximately 5.7994%.