In terms of market performance, Applied Digital Corporation had a fairly even. The highest value for the stock in the past year was $11.25 on 12/06/24, and the lowest value was recorded at $2.36 on 04/18/24.
52-week price history of APLD Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Applied Digital Corporation’s current trading price is -13.69% away from its 52-week high, while its distance from the 52-week low is 311.46%. The stock’s price range during the 52-week period has remained between $2.36 and $11.25. In the Technology sector, the company’s shares saw a trading volume of around 11.42 million for the day, which was evidently lower than the average daily volume of 21.23 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Applied Digital Corporation (APLD) has experienced a quarterly rise of 35.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.16B and boasts a workforce of 150 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 8.27, with a change in price of +3.11. Similarly, Applied Digital Corporation recorded 18,038,967 in trading volume during the last 100 days, posting a change of +46.46%.
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 1.63. Similarly, the long-term debt-to-equity ratio is also 1.28.
APLD Stock Stochastic Average
Applied Digital Corporation’s raw stochastic average for the past 50 days is presently 71.98%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 97.17%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.12% and 69.50%, respectively.
APLD Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 27.10%. However, over the last six months, the performance has been weaker by 142.76%. The price of APLD increased 8.13% over the last 30 days. And in the last five days, it has surged by 19.73%.
