Ault Alliance, Inc. (NYSEAMERICAN:AULT – Get Free Report) shares shot up 5.1% during mid-day trading on Thursday . The company traded as high as $0.22 and last traded at $0.2149. 972,300 shares traded 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 Price Performance
The firm’s 50-day moving average is $0.21 and its 200-day moving average is $0.21. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.23 and a quick ratio of 0.19.
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.
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