Shares of Applied Digital Co. (OTCMKTS:APLD – Get Free Report) shot up 9.5% on Monday . The company traded as high as $22.52 and last traded at $23.09. 5,203,004 shares were traded during mid-day trading, a decline of 85% from the average session volume of 35,730,516 shares. The stock had previously closed at $21.09.
Applied Digital Stock Up 11.7%
The company has a debt-to-equity ratio of 1.10, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a market capitalization of $6.70 billion, a price-to-earnings ratio of -48.19 and a beta of 6.77. The business has a fifty day moving average price of $28.09 and a two-hundred day moving average price of $17.36.
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.
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