Ault Alliance (NYSEAMERICAN:AULT) Trading Up 5.1% – What’s Next?

Ault Alliance, Inc. (NYSEAMERICAN:AULT) was up 5.1% during trading on Thursday . The stock traded as high as $0.22 and last traded at $0.21. Approximately 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 $0.20.

Ault Alliance Trading Up 5.1 %

The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.19 and a current ratio of 0.23.

Institutional Investors Weigh In On Ault Alliance

An institutional investor recently bought a new position in Ault Alliance stock. Virtu Financial LLC bought a new stake in shares of Ault Alliance, Inc. (NYSEAMERICAN:AULT) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 86,642 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned approximately 0.29% of Ault Alliance at the end of the most recent quarter. 41.05% of the stock is owned by institutional investors and hedge funds.

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.