Shares of Applied Digital Co. (OTCMKTS:APLD – Get Free Report) shot up 15.2% during mid-day trading on Monday . The company traded as high as $9.28 and last traded at $9.11. 42,972,653 shares changed hands during trading, an increase of 78% from the average session volume of 24,114,928 shares. The stock had previously closed at $7.91.
Applied Digital Price Performance
The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of -20.31 and a beta of 4.77. The business has a fifty day moving average price of $8.40 and a 200 day moving average price of $7.39. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.40 and a quick ratio of 0.40.
Applied Digital Company Profile
Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.
Further Reading
- Five stocks we like better than Applied Digital
- The 3 Best Retail Stocks to Shop for in August
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for Applied Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Digital and related companies with MarketBeat.com's FREE daily email newsletter.
