Applied Digital Co. (OTCMKTS:APLD - Get Free Report) shares fell 1.1% during mid-day trading on Monday . The company traded as low as $7.74 and last traded at $7.92. 12,763,227 shares changed hands during trading, an increase of 48% from the average session volume of 8,641,239 shares. The stock had previously closed at $8.01.
Applied Digital Trading Up 10.7 %
The firm has a market capitalization of $1.85 billion, a PE ratio of -17.90 and a beta of 4.67. The firm has a fifty day moving average of $8.47 and a 200 day moving average of $6.57. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.40 and a current ratio of 0.40.
Applied Digital (OTCMKTS:APLD - Get Free Report) last posted its quarterly earnings results on Wednesday, October 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.25. The firm had revenue of $60.70 million for the quarter, compared to analysts' expectations of $54.03 million. Applied Digital had a negative net margin of 80.60% and a negative return on equity of 61.59%. Equities research analysts expect that Applied Digital Co. will post 0.41 EPS for the current year.
About Applied Digital
(
Get Free Report)
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.
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