Are Things Looking Up For Direct Digital Holdings Inc (NASDAQ: DRCT)?

After Hours

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.

Stocks Info

The company is listed on the NASDAQ and operates within the Advertising Agencies industry segment. The current market capitalization of Direct Digital Holdings Inc is $7.84M. A total of 35.63 million shares were traded on the day, compared to an average of 1.88M 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, DRCT has a high of $35.88 and a low of $0.51.

As of this writing, DRCT has an earnings estimate of $0.11 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of $0.11 per share and a lower estimate of $0.11.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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