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Applied Digital (OTCMKTS:APLD) Trading Down 6.1% - Should You Sell?

Applied Digital logo with Financial Services background

Applied Digital Co. (OTCMKTS:APLD - Get Free Report) was down 6.1% during trading on Monday . The stock traded as low as $9.61 and last traded at $9.70. Approximately 18,707,471 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 25,283,491 shares. The stock had previously closed at $10.33.

Applied Digital Trading Up 7.5%

The firm has a market cap of $2.38 billion, a P/E ratio of -21.55 and a beta of 6.08. The company has a 50 day moving average of $7.85 and a 200 day moving average of $7.68. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.40 and a current 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.

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