Datavault AI Inc. (NASDAQ:DVLT - Get Free Report)'s stock price was down 12% on Wednesday . The company traded as low as $0.62 and last traded at $0.65. Approximately 66,867,865 shares were traded during mid-day trading, an increase of 734% from the average daily volume of 8,020,466 shares. The stock had previously closed at $0.74.
Analyst Upgrades and Downgrades
Separately, Maxim Group raised shares of Datavault AI from a "hold" rating to a "strong-buy" rating and set a $3.00 price objective for the company in a research report on Thursday, June 12th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Strong Buy" and a consensus price target of $7.00.
View Our Latest Stock Report on Datavault AI
Datavault AI Stock Performance
The business's 50 day moving average is $0.46 and its 200-day moving average is $0.68. The company has a quick ratio of 0.30, a current ratio of 0.47 and a debt-to-equity ratio of 0.51.
Datavault AI (NASDAQ:DVLT - Get Free Report) last released its quarterly earnings results on Tuesday, August 19th. The company reported ($0.54) earnings per share (EPS) for the quarter. Datavault AI had a negative net margin of 1,309.82% and a negative return on equity of 94.61%. The company had revenue of $1.74 million during the quarter. As a group, analysts forecast that Datavault AI Inc. will post -13.02 EPS for the current year.
Insider Transactions at Datavault AI
In other Datavault AI news, insider Brett Moyer sold 130,754 shares of Datavault AI stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $0.40, for a total transaction of $52,301.60. Following the sale, the insider owned 1,117,665 shares of the company's stock, valued at $447,066. The trade was a 10.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 18.57% of the stock is currently owned by company insiders.
About Datavault AI
(
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Datavault AI Inc, a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc and changed its name to Datavault AI Inc in February 2025. Datavault AI Inc was incorporated in 2010 and is headquartered in Beaverton, Oregon.
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