Shares of Applied Digital Co. (OTCMKTS:APLD - Get Free Report) rose 5.6% on Tuesday . The company traded as high as $5.70 and last traded at $5.61. Approximately 39,516,410 shares traded hands during mid-day trading, an increase of 120% from the average daily volume of 17,997,574 shares. The stock had previously closed at $5.31.
Applied Digital Price Performance
The stock has a 50 day moving average of $5.57 and a two-hundred day moving average of $7.43. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a market capitalization of $1.26 billion, a P/E ratio of -11.45 and a beta of 5.98.
About Applied Digital
(
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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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