Applied Digital (OTCMKTS:APLD) Trading 5.7% Higher – What’s Next?

Shares of Applied Digital Co. (OTCMKTS:APLDGet Free Report) rose 5.7% during mid-day trading on Monday . The stock traded as high as $28.92 and last traded at $28.6560. Approximately 20,102,440 shares traded hands during trading, a decline of 43% from the average daily volume of 35,554,906 shares. The stock had previously closed at $27.10.

Applied Digital Trading Up 4.7%

The company has a market cap of $8.18 billion, a price-to-earnings ratio of -59.92 and a beta of 6.77. The business’s fifty day moving average price is $28.74 and its 200 day moving average price is $18.35. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.40 and a quick ratio of 0.40.

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.

See Also

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.