Ault Alliance (NYSEAMERICAN:AULT) Trading 5.1% Higher – Still a Buy?

Ault Alliance, Inc. (NYSEAMERICAN:AULT)’s share price traded up 5.1% during trading on Wednesday . The company traded as high as $0.22 and last traded at $0.21. 972,300 shares were traded during mid-day trading, a decline of 76% from the average session volume of 4,000,496 shares. The stock had previously closed at $0.20.

Ault Alliance Stock Up 5.1 %

The company has a current ratio of 0.23, a quick ratio of 0.19 and a debt-to-equity ratio of 0.99.

Ault Alliance (NYSEAMERICAN:AULT) last announced its quarterly earnings results on Friday, August 16th. The company reported ($1.08) EPS for the quarter. The company had revenue of $28.40 million during the quarter. Ault Alliance had a negative return on equity of 228.39% and a negative net margin of 99.01%.

Institutional Investors Weigh In On Ault Alliance

An institutional investor recently bought a new position in Ault Alliance stock. Virtu Financial LLC purchased a new position in Ault Alliance, Inc. (NYSEAMERICAN:AULT) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 86,642 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned approximately 0.29% of Ault Alliance at the end of the most recent reporting period. 41.05% of the stock is currently owned by hedge funds and other institutional investors.

Ault Alliance Company Profile

Ault Alliance, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.