Direct Digital Holdings Inc [DRCT] stock is trading at $0.54, up 8.03%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DRCT shares have gain 9.00% over the last week, with a monthly amount drifted -26.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Direct Digital Holdings Inc [NASDAQ: DRCT] stock has seen the most recent analyst activity on March 27, 2024, when Noble Capital Markets downgraded its rating to a Market Perform.
Direct Digital Holdings Inc [DRCT] stock has fluctuated between $0.44 and $6.59 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Direct Digital Holdings Inc [NASDAQ: DRCT] shares were valued at $0.54 at the most recent close of the market. An investor can expect a potential return of 1381.48% based on the average DRCT price forecast.
Analyzing the DRCT fundamentals
Direct Digital Holdings Inc [NASDAQ:DRCT] reported sales of 48.17M for the trailing twelve months, which represents a drop of -63.38%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.33, Equity is 0.98 and Total Capital is -1.39. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4810 points at the first support level, and at 0.4241 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6039, and for the 2nd resistance point, it is at 0.6699.
Ratios To Look Out For
For context, Direct Digital Holdings Inc’s Current Ratio is 0.51. Also, the Quick Ratio is 0.51, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 0.21.
Transactions by insiders
Recent insider trading involved Walker Mark D, Chairman and CEO, that happened on Apr 17 ’25 when 8700.0 shares were sold. President, SMITH W KEITH completed a deal on Mar 26 ’25 to sell 20563.0 shares. Meanwhile, President SMITH W KEITH sold 12186.0 shares on Mar 27 ’25.
