Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Buys $49,357.44 in Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III acquired 205,656 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was acquired at an average cost of $0.24 per share, with a total value of $49,357.44. Following the completion of the acquisition, the chairman directly owned 224,905 shares in the company, valued at approximately $53,977.20. This represents a 1,068.40% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Hyperscale Data Stock Down 7.5%

GPUS traded down $0.02 during trading hours on Thursday, hitting $0.21. The company’s stock had a trading volume of 26,516,710 shares, compared to its average volume of 24,678,801. The company has a 50-day simple moving average of $0.41 and a 200 day simple moving average of $1.72. The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 0.11. Hyperscale Data, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $9.98.

Hyperscale Data (NYSEAMERICAN:GPUS) last released its quarterly earnings results on Monday, November 17th. The company reported ($0.39) earnings per share (EPS) for the quarter. The business had revenue of $24.33 million during the quarter. Hyperscale Data had a negative return on equity of 1,163.96% and a negative net margin of 48.58%.

Hyperscale Data Announces Dividend

The business also recently declared a special dividend, which was paid on Friday, October 31st. Shareholders of record on Monday, October 6th were given a dividend of $0.0877 per share.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new position in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned approximately 0.17% of Hyperscale Data at the end of the most recent reporting period. Institutional investors and hedge funds own 41.05% of the company’s stock.

About Hyperscale Data

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.