Free Trial

Applied Digital (OTCMKTS:APLD) Trading Up 5.3% - Here's What Happened

Applied Digital logo with Financial Services background

Shares of Applied Digital Co. (OTCMKTS:APLD - Get Free Report) were up 5.3% during mid-day trading on Tuesday . The stock traded as high as $10.13 and last traded at $10.02. Approximately 12,748,613 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 38,324,734 shares. The stock had previously closed at $9.52.

Applied Digital Trading Up 6.5%

The firm has a market capitalization of $2.61 billion, a P/E ratio of -23.70 and a beta of 6.04. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.10. The stock has a 50 day simple moving average of $9.42 and a 200-day simple moving average of $7.80.

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.

Featured Articles

Should You Invest $1,000 in Applied Digital Right Now?

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

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines