Hyperscale Data (NYSEAMERICAN:GPUS) CEO Acquires 100,000 Shares of Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) CEO William Horne bought 100,000 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was acquired at an average cost of $0.17 per share, with a total value of $17,000.00. Following the transaction, the chief executive officer owned 400,000 shares in the company, valued at $68,000. The trade was a 33.33% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Hyperscale Data Trading Down 5.8%

Shares of NYSEAMERICAN GPUS traded down $0.01 during midday trading on Tuesday, hitting $0.16. 20,065,338 shares of the stock traded hands, compared to its average volume of 17,150,240. Hyperscale Data, Inc. has a one year low of $0.16 and a one year high of $3.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.57 and a quick ratio of 0.54. The firm has a 50-day moving average of $0.54 and a two-hundred day moving average of $0.72.

Hyperscale Data (NYSEAMERICAN:GPUS) last issued its quarterly earnings data on Wednesday, August 19th. The company reported ($0.25) EPS for the quarter. Hyperscale Data had a negative return on equity of 97.52% and a negative net margin of 71.03%.The firm had revenue of $34.84 million during the quarter.

About Hyperscale Data

Hyperscale Data, Inc is a diversified technology holding company focused on data-center infrastructure, high-performance computing and digital assets. Through its operating subsidiaries, the company develops and operates facilities designed to support artificial intelligence, cryptocurrency mining and other compute-intensive applications.

The company’s activities have included data-center operations, high-performance computing services and the mining of digital assets. Its infrastructure operations have been associated with a facility in Michigan, serving customers and projects that require substantial computing capacity and related power and hosting resources.

Hyperscale Data was previously known as Ault Alliance, Inc and, before that, BitNile Holdings, Inc The company has used a holding-company structure to pursue investments across technology and other industries.