On Monday, Applied Digital Corporation (NASDAQ: APLD) was 0.26% up from the session before settling in for the closing price of $7.56. A 52-week range for APLD has been $2.36 – $9.48.
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Annual sales at Technology sector company grew by 186.71% over the past five years. When this article was written, the company’s average yearly earnings per share was at 64.12%. With a float of $170.45 million, this company’s outstanding shares have now reached $214.51 million.
Let’s look at the performance matrix of the company that is accounted for 150 employees. In terms of profitability, gross margin is 3.33%, operating margin of -35.11%, and the pretax margin is -74.9%.
Applied Digital Corporation (APLD) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Applied Digital Corporation stocks. The insider ownership of Applied Digital Corporation is 20.54%, while institutional ownership is 42.57%. The most recent insider transaction that took place on Nov 07 ’24, was worth 145,368. Before that another transaction happened on Oct 17 ’24, when Company’s Director sold 30,000 for $8.01, making the entire transaction worth $240,300. This insider now owns 403,686 shares in total.
Applied Digital Corporation (APLD) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 64.12% per share during the next fiscal year.
Applied Digital Corporation (NASDAQ: APLD) Trading Performance Indicators
You can see what Applied Digital Corporation (APLD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of Applied Digital Corporation (APLD)
Applied Digital Corporation (NASDAQ: APLD) saw its 5-day average volume 11.87 million, a positive change from its year-to-date volume of 7.32 million. As of the previous 9 days, the stock’s Stochastic %D was 69.01%. Additionally, its Average True Range was 0.75.
During the past 100 days, Applied Digital Corporation’s (APLD) raw stochastic average was set at 70.63%, which indicates a significant increase from 51.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.56% in the past 14 days, which was lower than the 149.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.04, while its 200-day Moving Average is $5.04. Nevertheless, the first resistance level for the watch stands at $8.05 in the near term. At $8.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.83. If the price goes on to break the first support level at $7.27, it is likely to go to the next support level at $6.97. The third support level lies at $6.49 if the price breaches the second support level.
Applied Digital Corporation (NASDAQ: APLD) Key Stats
There are 215,373K outstanding shares of the company, which has a market capitalization of 1.58 billion. As of now, sales total 165,580 K while income totals -149,270 K. Its latest quarter income was 60,700 K while its last quarter net income were -4,250 K.
