Ault Global Holdings Inc. (AMEX:DPW) shares fell to a low of $2.72 before closing at $2.74. Intraday shares traded counted 1.56 million, which was 69.24% higher than its 30-day average trading volume of 5.07M. DPW’s previous close was $2.76 while the outstanding shares total 49.50M. The firm has a beta of 5.42. The stock’s Relative Strength Index (RSI) is 52.57, with weekly volatility at 6.02% and ATR at 0.25. The DPW stock’s 52-week price range has touched low of $1.25 and a $10.94 high. The stock traded lower over the last trading session, losing -0.72% on 06/04/21.
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Investors have identified the Electrical Equipment & Parts company Ault Global Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $137.41 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Ault Global Holdings Inc. (DPW) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For DPW, the company has in raw cash 107.8 million on their books with 0.52 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 172.23 million total, with 52.75 million as their total liabilities.
DPW were able to record -18.59 million as free cash flow during the 08/24/2021 quarter of the year, this saw their quarterly net cash flow reduce by 89.12 million. In cash movements, the company had a total of -14.24 million as operating cash flow.
Potential earnings growth for Ault Global Holdings Inc. (DPW)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/24/2021 quarter of the year, Ault Global Holdings Inc. recorded a total of 13.24 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 57.68% coming in sequential stages and their sales for the 08/24/2021 quarter increasing by 45.72%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 5.11 million trying to sell their products during the last quarter, with the result yielding a gross income of 8.14 million. This allows shareholders to hold on to 49.50M with the recently reported earning now reading 0.05 cents per share. This is a figure that compared to analyst’s prediction for their 08/24/2021.
Is the stock of DPW attractive?
In related news, Chairman and CEO, AULT MILTON C III bought 1,250 shares of the company’s stock in a transaction that recorded on Dec 30. The purchase was performed at an average price of 4.25, for a total value of 5,311. As the purchase deal closes, the Chairman and CEO, AULT MILTON C III now bought 520 shares of the company’s stock, valued at 1,995. Also, Chairman and CEO, AULT MILTON C III bought 230 shares of the company’s stock in a deal that was recorded on Dec 21. The shares were cost at an average price of 3.63 per share, with a total market value of 835. Following this completion of disposal, the Former 10% Owner, DPW Holdings, Inc. now holds 8,441 shares of the company’s stock, valued at 26,143. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.82%.