Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Applied Digital Corporation’s current trading price is -31.86% away from its 52-week high, while its distance from the 52-week low is 173.73%. The stock’s price range over this period has fluctuated between $2.36 and $9.48. The company, operating within the financial sector, had a trading volume of approximately 21.59 million for the day, which was noticeably higher than the average daily share volume of 13.19 million over the last 3 months.
Applied Digital Corporation ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $9.48 on 10/22/24, while the lowest value for the same period was recorded at $2.36 on 04/18/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Applied Digital Corporation (APLD) has experienced a quarterly rise of 62.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.33B and boasts a workforce of 150 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.92, with a change in price of +2.32. Similarly, Applied Digital Corporation recorded 11,180,480 in trading volume during the last 100 days, posting a change of +56.04%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for APLD stands at 1.43. Similarly, the long-term debt-to-equity ratio is also 0.85.
APLD Stock Stochastic Average
Today’s raw stochastic average for Applied Digital Corporation over the last 50 days is 53.32%.This indicates a increase from the raw stochastic average of the past 20 days, which was 6.79%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 11.72% and 25.70%, respectively.
APLD Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -4.15%. However, over the past six months, we’ve seen a weaker performance of 113.20%. The price of APLD leaped by -19.65% over the last 30 days. And in the last five days, it has fallen by -19.65%.
