Applied Digital Co. (OTCMKTS:APLD – Get Free Report)’s share price shot up 8.4% during mid-day trading on Tuesday . The company traded as high as $6.15 and last traded at $6.09. 27,831,571 shares were traded during trading, an increase of 94% from the average session volume of 14,336,277 shares. The stock had previously closed at $5.62.
Applied Digital Trading Down 9.3 %
The firm’s 50-day moving average price is $7.48 and its 200 day moving average price is $7.98. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -11.55 and a beta of 4.69. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.10.
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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