Direct Digital Holdings Inc [DRCT] stock prices are up 2.57% to $0.62 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DRCT shares have gain 11.82% over the last week, with a monthly amount glided 19.36%, and 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.
The stock price of Direct Digital Holdings Inc [DRCT] has been fluctuating 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 $0.62 at the most recent close of the market. An investor can expect a potential return of 1190.32% based on the average DRCT price forecast.
Analyzing the DRCT fundamentals
The Direct Digital Holdings Inc [NASDAQ:DRCT] reported sales of 48.17M for trailing twelve months, representing 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 0.6015 points at the first support level, and at 0.5797 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6436, and for the 2nd resistance point, it is at 0.6639.
Ratios To Look Out For
It’s worth pointing out that Direct Digital Holdings Inc [NASDAQ:DRCT]’s Current Ratio is 0.51. As well, the Quick Ratio is 0.51, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.24.
Transactions by insiders
Recent insider trading involved Cohen Richard, Director, that happened on Jun 12 ’25 when 3414.0 shares were sold. Director, Leatherberry Antoinette Renee completed a deal on Jun 12 ’25 to sell 2028.0 shares. Meanwhile, Director Locke Mistelle sold 3432.0 shares on Jun 12 ’25.
