Applied Digital Co. (OTCMKTS:APLD – Get Free Report) shares shot up 3.2% on Monday . The company traded as high as $24.81 and last traded at $24.83. 9,486,951 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 34,735,672 shares. The stock had previously closed at $24.05.
Applied Digital Trading Up 2.8%
The company has a market capitalization of $6.90 billion, a PE ratio of -50.13 and a beta of 6.94. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.40 and a current ratio of 0.40. The stock has a fifty day moving average of $28.37 and a 200 day moving average of $20.66.
Applied Digital Company Profile
Applied Digital (OTCMKTS:APLD) is a developer and operator of digital infrastructure specializing in high-intensity computing applications. The company designs, builds and manages large-scale data center campuses and modular computing facilities that leverage advanced cooling technologies to optimize performance and energy efficiency. Its core offerings include turnkey deployment of server racks, immersion cooling systems and proprietary control software aimed at serving blockchain networks, artificial intelligence workloads and other compute-intensive clients.
In addition to its data center services, Applied Digital maintains in-house blockchain validation operations, most prominently focused on bitcoin mining.
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