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Applied Digital (OTCMKTS:APLD) Trading Up 29.3% - Here's What Happened

Applied Digital logo with Financial Services background

Applied Digital Co. (OTCMKTS:APLD - Get Free Report)'s stock price traded up 29.3% on Wednesday . The company traded as high as $13.47 and last traded at $13.25. 210,400,608 shares traded hands during mid-day trading, an increase of 851% from the average session volume of 22,119,158 shares. The stock had previously closed at $10.25.

Applied Digital Stock Down 3.6%

The stock has a 50-day moving average of $5.85 and a two-hundred day moving average of $7.48. The company has a market cap of $2.87 billion, a P/E ratio of -26.06 and a beta of 6.09. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.40 and a current ratio of 0.40.

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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