Ault Alliance (NYSEAMERICAN:AULT) Stock Jumps 5.1% – Should You Buy?
by Kim Johansen · The Markets DailyShares of Ault Alliance, Inc. (NYSEAMERICAN:AULT – Get Free Report) rose 5.1% during trading on Monday. The stock traded as high as $0.22 and last traded at $0.2149. Approximately 972,300 shares changed hands during trading, a decline of 76% from the average daily volume of 4,000,496 shares. The stock had previously closed at $0.2044.
Ault Alliance Trading Up 5.1%
The company has a quick ratio of 0.19, a current ratio of 0.23 and a debt-to-equity ratio of 0.99. The company’s fifty day simple moving average is $0.21 and its two-hundred day simple moving average is $0.21.
About Ault Alliance
Ault Alliance, Inc is a diversified holding company focused on acquiring and supporting businesses in industries including technology, digital assets, data center operations, defense and aerospace, and other emerging markets. Through its subsidiaries and investments, the company seeks to provide capital and operational support to businesses it believes have growth potential.
Among its activities, Ault Alliance has been involved in data center development and operation, including infrastructure used for high-performance computing and digital asset mining.