Applied Digital (OTCMKTS:APLD) Stock Price Up 8.8% - What's Next?

Key Points

• Applied Digital's stock price increased by 8.8% to $13.63 during mid-day trading, rebounding from a previous close of $12.52.
• The company has a market capitalization of $3.65 billion, a P/E ratio of -28.47, and a volatility beta of 6.17.
• Applied Digital operates datacenters providing high-performance computing and artificial intelligence cloud services in North America.

Applied Digital Co. (OTCMKTS:APLD - )'s stock price rose 8.8% during mid-day trading on Monday . The stock traded as high as $13.70 and last traded at $13.63. Approximately 27,717,479 shares were traded during trading, a decline of 28% from the average daily volume of 38,574,586 shares. The stock had previously closed at $12.52.

Applied Digital Trading Up 11.4%

The firm has a market cap of $3.65 billion, a P/E ratio of -28.47 and a beta of 6.17. 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 stock has a 50 day moving average of $10.49 and a 200 day moving average of $8.00.

Applied Digital Company Profile

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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