Direct Digital Holdings Inc [NASDAQ: DRCT] jumped around 0.09 points on Monday, while shares priced at $0.59 at the close of the session, up 17.69%.
Compared to the average trading volume of 405.47K shares, DRCT reached a trading volume of 7583012 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Direct Digital Holdings Inc [DRCT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DRCT shares is $6.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DRCT stock is a recommendation set at 2.00. 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.
Noble Capital Markets have made an estimate for Direct Digital Holdings Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on March 27, 2024.
How has DRCT stock performed recently?
Direct Digital Holdings Inc [DRCT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.23. With this latest performance, DRCT shares dropped by -4.99% in over the last four-week period, additionally sinking by -50.66% over the last 6 months – not to mention a drop of -62.76% in the past year of trading.
Direct Digital Holdings Inc [DRCT]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Direct Digital Holdings Inc [DRCT] shares currently have an operating margin of -30.20% and a Gross Margin at -5.86%. Direct Digital Holdings Inc’s Net Margin is presently recorded at -16.23%.
Direct Digital Holdings Inc (DRCT) Capital Structure & Debt Analysis
According to recent financial data for Direct Digital Holdings Inc. ( DRCT), the Return on Equity (ROE) stands at -320.07%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -20.41%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Direct Digital Holdings Inc’s Return on Invested Capital (ROIC) is -29.70%, showcasing its effectiveness in deploying capital for earnings.
Direct Digital Holdings Inc (DRCT) Efficiency & Liquidity Metrics
Direct Digital Holdings Inc (DRCT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Direct Digital Holdings Inc. (DRCT) effectively leverages its workforce, generating an average of -$98987.34 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.51% and a Quick Ratio of 0.51%, indicating strong ability to cover short-term liabilities.
Insider trade positions for Direct Digital Holdings Inc [DRCT]
There are presently around $3.46%, or 3.66% of DRCT stock, in the hands of institutional investors. The top three institutional holders of DRCT stocks are: VANGUARD GROUP INC with ownership of 0.14 million shares, which is approximately 0.9651%. MORGAN STANLEY, holding 14737.0 shares of the stock with an approximate value of $$59390.0 in DRCT stocks shares; and MORGAN STANLEY, currently with $$0.15 million in DRCT stock with ownership which is approximately 0.2676%.
