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
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
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Health Care Stocks Explained: Why You Might Want to Invest
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- 3 Grocery Stocks That Are Proving They Are Still Essential
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
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.
-limited-logo-1200x675.png?v=20230221140543&h=45&w=95&zc=2){kind=logo}
