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Gear up for the change! Applied Digital Corporation (APLD) has hit the volume of 1429285

For the readers interested in the stock health of Applied Digital Corporation (APLD). It is currently valued at $2.51. When the transactions were called off in the previous session, Stock hit the highs of $2.5499, after setting-off with the price of $2.32. Company’s stock value dipped to $2.30 during the trading on the day. When the trading was stopped its value was $2.34.Recently in News on January 9, 2023, Applied Digital Reports Fiscal Second Quarter 2023 Financial Results and Provides an Operational Update. Generated Sequential Revenue Growth of 78%. You can read further details here

Applied Digital Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.55 on 01/24/23, with the lowest value was $1.61 for the same time period, recorded on 01/06/23.

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Applied Digital Corporation (APLD) full year performance was -88.75%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Applied Digital Corporation shares are logging -90.74% during the 52-week period from high price, and 195.29% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.85 and $27.12.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1429285 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Applied Digital Corporation (APLD) recorded performance in the market was 36.41%, having the revenues showcasing 24.88% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 239.08M, as it employees total of 55 workers.

The Analysts eye on Applied Digital Corporation (APLD)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.00, with a change in the price was noted +0.43. In a similar fashion, Applied Digital Corporation posted a movement of +20.67% for the period of last 100 days, recording 669,462 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for APLD is recording 0.32 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.26.

Technical rundown of Applied Digital Corporation (APLD)

Raw Stochastic average of Applied Digital Corporation in the period of last 50 days is set at 96.37%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.75%. In the last 20 days, the company’s Stochastic %K was 90.95% and its Stochastic %D was recorded 92.08%.

Considering, the past performance of Applied Digital Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 36.41%. Additionally, trading for the stock in the period of the last six months notably improved by 29.38%, alongside a downfall of -88.75% for the period of the last 12 months. The shares increased approximately by 11.56% in the 7-day charts and went down by 46.78% in the period of the last 30 days. Common stock shares were driven by 24.88% during last recorded quarter.

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