Applied Digital Corporation ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $8.65 on 01/11/24, while the lowest value for the same period was recorded at $2.36 on 04/18/24.
52-week price history of APLD Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Applied Digital Corporation’s current trading price is -47.40% away from its 52-week high, while its distance from the 52-week low is 92.80%. The stock’s price range during this period has spanned from $2.36 to $8.65. In the Technology sector, the Applied Digital Corporation’s shares surpassed a trading volume of approximately 5.23 million for the day, which was noticeably lower compared to the average daily volume of 9.5.45 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Applied Digital Corporation (APLD) has experienced a quarterly rise of 7.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 666.80M and boasts a workforce of 121 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.31, with a change in price of +0.73. Similarly, Applied Digital Corporation recorded 4,936,642 in trading volume during the last 100 days, posting a change of +19.11%.
Examining APLD’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for APLD stands at 2.48. Similarly, the long-term debt-to-equity ratio is also 1.48.
APLD Stock Stochastic Average
Today, Applied Digital Corporation’s raw stochastic average for the past 50 days stands at 26.17%, indicating a decline from the raw stochastic average of the last 20 days, which was 70.37%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 50.12% and 39.68% respectively.
APLD Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant loss of -32.49% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 12.48%. Over the past 30 days, the price of APLD has fallen by 2.36%. And in the last five days, it has surged by 13.47%.
