Applied Digital Co. (OTCMKTS:APLD – Get Free Report) was up 2.2% during mid-day trading on Tuesday . The company traded as high as $6.47 and last traded at $6.38. Approximately 16,298,344 shares changed hands during trading, a decline of 42% from the average daily volume of 28,144,889 shares. The stock had previously closed at $6.24.
Applied Digital Price Performance
The company has a market capitalization of $1.42 billion, a PE ratio of -13.02 and a beta of 4.69. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.10. The firm’s 50-day moving average is $8.20 and its 200-day moving average is $7.81.
About Applied Digital
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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