Applied Digital Co. (OTCMKTS:APLD - Get Free Report)'s stock price fell 6.1% during mid-day trading on Monday . The company traded as low as $9.61 and last traded at $9.70. 18,707,471 shares changed hands during trading, a decline of 26% from the average session volume of 25,283,491 shares. The stock had previously closed at $10.33.
Applied Digital Stock Performance
The company has a market cap of $2.20 billion, a PE ratio of -20.15 and a beta of 6.08. 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 business has a 50-day moving average of $7.38 and a 200 day moving average of $7.64.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Applied Digital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Applied Digital wasn't on the list.
While Applied Digital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.