Ault Global Holdings, Inc. (NYSE:DPW) price is hovering lower on Monday, Apr 19, sinking -9.84% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.44, with intraday deals fluctuating between $2.1800 and $2.3750. The company’s 5Y monthly beta was ticking 5.37 while its P/E ratio in the trailing 12-month period read 0. Taking into account the 52-week price action we note that the stock hit a 52-week high of $10.94 and 52-week low of $0.96. The stock lost -37.6% on its value in the past month.
On the technical perspective front, indicators give DPW a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.
Turning out attention to how the Ault Global Holdings, Inc. stock has performed in comparison to its peers in the industry, here’s what we find: DPW’s stock is -9.84% on the day and +112.17% in the past 12 months, while Danaher Corp (DHR) traded -1.02% in the latest session and is positioned +56.94% up on its price 12 months ago. Another comparison is with Honeywell International Inc (HON) whose stock price is down -0.4% in the current trading session, and has flourished +75.4% over the past year. Also, General Electric Company (GE) is currently showing downtrend of -9.84% while its price kept floating at 112.17% over the past year. As for Ault Global Holdings, Inc., the P/E ratio stands at 0 lower than that of Danaher Corp’s at 49.85 and Honeywell International Inc’s 34.57. Elsewhere in the market, the S&P 500 Index has fell -0.51% in today’s early trading, with the Dow Jones Industrial also seeing a negative session so far with -0.42%.
An analysis of the Ault Global Holdings, Inc. (NYSE:DPW) stock in terms of its daily trading volume indicates that the 3-month average is 10.59 Million. However, this figure increases on the past 10-day timeline to an average of 3.36 Million.
Current records show that the company has 49.32 Million in outstanding shares. According to data from Thomson Reuters, insiders’ percentage holdings are 2.82% of outstanding shares while the percentage share held by institutions stands at 6.76%. The stats also highlight that short interest as of March 30, 2021, stood at 4.79 Million shares, which puts the short ratio at the time at 0.76. From this we can glean that short interest is 9.7% of company’s current outstanding shares. Notably, we see that shares short in March rose slightly given the previous month’s figure stood at 2.24 Million. But the -43.91% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying higher ahead.