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Applied Digital (OTCMKTS:APLD) Shares Down 12% - What's Next?

Applied Digital logo with Financial Services background
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Key Points

  • Applied Digital shares fell 12% on Monday, trading as low as $26.22 and last at $24.5160, with just 2.67M shares traded — roughly a 92% decline versus average session volume.
  • The company shows stretched fundamentals: market cap $6.72B, a negative P/E (-49.57), low liquidity (quick and current ratios 0.40) and notable leverage (debt-to-equity 1.10), while volatility is elevated (beta 6.94).
  • Applied Digital operates AI, high-performance computing and crypto datacenters in North America, a growth market that has boosted past gains but also increases sensitivity to sentiment and industry cycles.
  • MarketBeat previews top five stocks to own in May.

Applied Digital Co. (OTCMKTS:APLD - Get Free Report)'s stock price fell 12% on Monday . The stock traded as low as $26.22 and last traded at $24.5160. 2,669,035 shares were traded during trading, a decline of 92% from the average session volume of 35,012,141 shares. The stock had previously closed at $27.86.

Applied Digital Price Performance

The stock has a market capitalization of $6.72 billion, a PE ratio of -49.57 and a beta of 6.94. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.10. The stock's 50 day moving average price is $29.85 and its 200-day moving average price is $19.68.

Applied Digital Company Profile

(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.

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