Ault Alliance (NYSEAMERICAN:AULT) Shares Up 17.3%

Ault Alliance, Inc. (NYSEAMERICAN:AULT)’s share price shot up 17.3% during trading on Tuesday . The company traded as high as $0.58 and last traded at $0.46. 49,995,591 shares were traded during mid-day trading, an increase of 746% from the average session volume of 5,908,696 shares. The stock had previously closed at $0.39.

Ault Alliance Stock Up 17.3 %

The firm has a fifty day simple moving average of $9.64. The company has a quick ratio of 0.64, a current ratio of 0.68 and a debt-to-equity ratio of 0.49.

Ault Alliance (NYSEAMERICAN:AULT) last issued its quarterly earnings data on Monday, May 20th. The company reported $0.14 EPS for the quarter. Ault Alliance had a negative return on equity of 188.83% and a negative net margin of 147.67%. The company had revenue of $44.93 million during the quarter.

Institutional Trading of Ault Alliance

An institutional investor recently bought a new position in Ault Alliance stock. Virtu Financial LLC purchased a new stake in shares of Ault Alliance, Inc. (NYSEAMERICAN:AULT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 86,642 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned 0.29% of Ault Alliance as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 41.05% of the company’s stock.

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.