Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 214.57%. However, over the past six months, we’ve seen a weaker performance of 69.65%. The price of APLD fallen by 18.56% over the last 30 days. And in the last five days, it has surged by 16.47%.
The stock price for Applied Digital Corporation (APLD) currently stands at $12.52. The stock experienced a substantial increase in the last session, hitting $24.0 after starting at $12.52. The stock’s lowest price was $13.0 before closing at $13.14.
In terms of market performance, Applied Digital Corporation had a fairly even.
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 -18.81% away from its 52-week high, while its distance from the 52-week low is 315.95%. The stock’s price range during this period has varied between$3.01 and $15.42. The Applied Digital Corporation’s shares, which operate in the Technology, saw a trading volume of around 50.31 million for the day, a figure considerably lower than their average daily volume of 51.05 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Applied Digital Corporation (APLD) has experienced a quarterly rise of 140.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.27B and boasts a workforce of 205 employees.
Applied Digital Corporation: Analysts’ Ratings Unveiled
As of right now, 6 analysts are rating Applied Digital Corporation as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 8.00, with a change in price of +6.28. Similarly, Applied Digital Corporation recorded 43,271,363 in trading volume during the last 100 days, posting a change of +100.64%.
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 1.11. Similarly, the long-term debt-to-equity ratio is also 1.07.
APLD Stock Stochastic Average
Applied Digital Corporation’s raw stochastic average for the past 50 days is presently 67.38%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 69.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 60.95% and 49.53%, respectively.
