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APLD: Riding the Market Waves of Growth and Decline in 2023

ALXO Stock

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 24.48% this year. Over the last six months, there has been a weaker performance of 41.01%. The price of APLD leaped by -13.86% during the last 30 days period. For the last 5-days stocks have improved 4.29%.

The market performance of Applied Digital Corporation’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $11.25 on 12/06/24, while the lowest value for the same duration was $2.36 on 04/18/24.

52-week price history of APLD Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Applied Digital Corporation’s current trading price is -25.42% away from its 52-week high, while its distance from the 52-week low is 255.51%. The stock’s price range during this period has varied between$2.36 and $11.25. The Applied Digital Corporation’s shares, which operate in the Technology, saw a trading volume of around 12.87 million for the day, a figure considerably lower than their average daily volume of 15.54 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Applied Digital Corporation (APLD) has experienced a quarterly rise of 2.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.62B and boasts a workforce of 150 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.13, with a change in price of +4.18. Similarly, Applied Digital Corporation recorded 15,094,971 in trading volume during the last 100 days, posting a change of +99.29%.

APLD’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

Applied Digital Corporation’s raw stochastic average for the past 50 days is presently 46.19%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 18.52%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.82% and 28.17%, respectively.

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