There Is A Quest For Clarity Surrounding Direct Digital Holdings Inc (NASDAQ: DRCT) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Advertising Agencies industry segment, falling under the Communication Services sector. The current market capitalization of Direct Digital Holdings Inc is $7.88M. A total of 1.95 million shares were traded on the day, compared to an average of 1.74M shares.

In the most recent transaction, Leatherberry Antoinette Renee sold 7,038 shares of DRCT for 0.85 per share on Dec 18 ’24. After the transaction, the Director now owns 55,812 company shares. In a previous transaction on Dec 18 ’24, Locke Mistelle sold 7,048 shares at 0.85 per share. DRCT shares that Director owns now total 30,201.

Among the insiders who sold shares, Cohen Richard disposed of 7,057 shares on Dec 18 ’24 at a per-share price of $0.85. This resulted in the Director holding 55,905 shares of DRCT after the transaction. In another insider transaction, Walker Mark D sold 22,793 shares at $0.73 per share on Dec 13 ’24. Company shares held by the Chairman and CEO now total 145,407.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, DRCT has a high of $35.88 and a low of $0.51.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DRCT’s latest balance sheet shows that the firm has $4.68M in Cash & Short Term Investments as of fiscal 2021. There were $20.82M in debt and $9.72M in liabilities at the time. Its Book Value Per Share was -$0.82, while its Total Shareholder’s Equity was -$374.86k.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DRCT is Buy with a score of 4.33.

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