Ault Alliance, Inc. (NYSEAMERICAN:AULT) Chairman Milton C. Ault III Purchases 45,000 Shares

Ault Alliance, Inc. (NYSEAMERICAN:AULT) Chairman Milton C. Ault III purchased 45,000 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was acquired at an average price of $0.23 per share, for a total transaction of $10,350.00. Following the purchase, the chairman now owns 70,229 shares in the company, valued at approximately $16,152.67. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Ault Alliance Trading Down 4.0 %

Shares of AULT traded down $0.01 during midday trading on Friday, hitting $0.20. The company’s stock had a trading volume of 663,422 shares, compared to its average volume of 4,096,526. Ault Alliance, Inc. has a one year low of $0.19 and a one year high of $51.20. The company has a current ratio of 0.73, a quick ratio of 0.69 and a debt-to-equity ratio of 0.41.

Ault Alliance (NYSEAMERICAN:AULT) last issued its quarterly earnings results on Friday, August 16th. The company reported ($1.08) earnings per share (EPS) for the quarter. Ault Alliance had a negative net margin of 103.61% and a negative return on equity of 197.90%. The business had revenue of $28.40 million during the quarter.

Hedge Funds Weigh In On Ault Alliance

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

About Ault Alliance

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.