Applied Digital (OTCMKTS:APLD) Shares Down 12% – What’s Next?

Applied Digital Co. (OTCMKTS:APLDGet Free Report)’s stock price fell 12% on Monday . The stock traded as low as $26.22 and last traded at $24.5160. 2,669,035 shares were traded during trading, a decline of 92% from the average session volume of 35,012,141 shares. The stock had previously closed at $27.86.

Applied Digital Price Performance

The stock has a market capitalization of $6.72 billion, a PE ratio of -49.57 and a beta of 6.94. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.10. The stock’s 50 day moving average price is $29.85 and its 200-day moving average price is $19.68.

Applied Digital Company Profile

(Get Free Report)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

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