Applied Digital Co. (OTCMKTS:APLD - Get Free Report)'s share price traded up 2.2% during mid-day trading on Tuesday . The company traded as high as $6.47 and last traded at $6.38. 16,298,344 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 28,144,889 shares. The stock had previously closed at $6.24.
Applied Digital Price Performance
The business's 50-day moving average price is $8.20 and its 200 day moving average price is $7.81. The company has a market capitalization of $1.42 billion, a P/E ratio of -13.02 and a beta of 4.69. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.10.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Applied Digital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Applied Digital wasn't on the list.
While Applied Digital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
