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

Ault Alliance, Inc. (NYSEAMERICAN:AULTGet Free Report) traded up 5.1% on Friday . The stock traded as high as $0.22 and last traded at $0.2149. Approximately 972,300 shares traded hands during trading, a decline of 76% from the average session volume of 4,000,496 shares. The stock had previously closed at $0.2044.

Ault Alliance Stock Performance

The stock has a 50 day simple moving average of $0.21 and a 200-day simple moving average of $0.21. The company has a quick ratio of 0.19, a current ratio of 0.23 and a debt-to-equity ratio of 0.99.

Ault Alliance Company Profile

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Ault Alliance Acquisition Corporation is a special purpose acquisition company trading on the NYSE American under the ticker AULT. Established as a blank‐check vehicle, the company’s primary objective is to identify, merge with or acquire one or more operating businesses, leveraging the capital raised through its initial public offering.

The firm focuses on sectors where data analytics, digital marketing and performance‐oriented advertising converge. Target industries include digital marketing services, marketing automation platforms, e-commerce enablement and related technology businesses.

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