Ault Alliance (NYSEAMERICAN:AULT) Trading Up 5.1% – Here’s What Happened

Ault Alliance, Inc. (NYSEAMERICAN:AULTGet Free Report)’s share price shot up 5.1% during trading on Friday . The company traded as high as $0.22 and last traded at $0.2149. 972,300 shares changed hands during trading, a decline of 76% from the average session volume of 4,000,496 shares. The stock had previously closed at $0.2044.

Ault Alliance Stock Performance

The business has a 50-day simple moving average of $0.21 and a two-hundred day simple moving average of $0.21. The company has a current ratio of 0.23, a quick ratio of 0.19 and a debt-to-equity ratio of 0.99.

About Ault Alliance

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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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