Applied Digital (OTCMKTS:APLD) Trading Up 8.4% – What’s Next?

Applied Digital Co. (OTCMKTS:APLDGet Free Report)’s share price was up 8.4% during trading on Tuesday . The stock traded as high as $6.15 and last traded at $6.09. Approximately 27,831,571 shares changed hands during trading, an increase of 94% from the average daily volume of 14,336,277 shares. The stock had previously closed at $5.62.

Applied Digital Trading Up 8.4 %

The stock has a fifty day moving average of $7.62 and a two-hundred day moving average of $8.01. The company has a market capitalization of $1.36 billion, a PE ratio of -12.43 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

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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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