Direct Digital (NASDAQ:DRCT) Shares Down 2.3% – Time to Sell?

Shares of Direct Digital Holdings, Inc. (NASDAQ:DRCTGet Free Report) were down 2.3% on Friday . The stock traded as low as $1.24 and last traded at $1.29. Approximately 971,868 shares traded hands during trading, a decline of 79% from the average daily volume of 4,600,447 shares. The stock had previously closed at $1.32.

Direct Digital Trading Down 2.3 %

The company has a market capitalization of $18.92 million, a price-to-earnings ratio of -1.10 and a beta of 6.66. The company has a 50-day moving average of $1.53 and a 200-day moving average of $2.54.

About Direct Digital

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Direct Digital Holdings, Inc operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.

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