Ault Alliance (NYSEAMERICAN:AULT) Stock Price Up 5.1% – Here’s Why

Ault Alliance, Inc. (NYSEAMERICAN:AULT) rose 5.1% during mid-day trading on Wednesday . The stock traded as high as $0.22 and last traded at $0.2149. Approximately 972,300 shares changed hands during mid-day 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 has a 50 day moving average of $0.21 and a 200-day moving average of $0.21.

Ault Alliance Company Profile

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.