Applied Digital Corporation (NASDAQ: APLD) kicked off on Monday, up 7.46% from the previous trading day, before settling in for the closing price of $9.11. Over the past 52 weeks, APLD has traded in a range of $2.36-$11.25.
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Technology Sector giant saw their annual sales surged by 186.71% over the last five years. While this was happening, its average annual earnings per share was recorded 60.59%. With a float of $159.52 million, this company’s outstanding shares have now reached $211.25 million.
The firm has a total of 150 workers. Let’s measure their productivity. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Applied Digital Corporation is 24.49%, while institutional ownership is 61.59%. The most recent insider transaction that took place on Nov 27 ’24, was worth 1,840,000. In this transaction CEO; Chairman of this company sold 200,000 shares at a rate of $9.20, taking the stock ownership to the 3,875,955 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Director sold 50,000 for $9.20, making the entire transaction worth $460,000. This insider now owns 334,317 shares in total.
Applied Digital Corporation (APLD) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.59% per share during the next fiscal year.
Applied Digital Corporation (NASDAQ: APLD) Trading Performance Indicators
Take a look at Applied Digital Corporation’s (APLD) current performance indicators. Last quarter, stock had a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.28 in one year’s time.
Technical Analysis of Applied Digital Corporation (APLD)
Analysing the last 5-days average volume posted by the [Applied Digital Corporation, APLD], we can find that recorded value of 15.52 million was lower than the volume posted last year of 16.86 million. As of the previous 9 days, the stock’s Stochastic %D was 64.35%. Additionally, its Average True Range was 0.93.
During the past 100 days, Applied Digital Corporation’s (APLD) raw stochastic average was set at 82.28%, which indicates a significant decrease from 83.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.16% in the past 14 days, which was lower than the 144.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.50, while its 200-day Moving Average is $5.84. Now, the first resistance to watch is $10.22. This is followed by the second major resistance level at $10.64. The third major resistance level sits at $11.09. If the price goes on to break the first support level at $9.35, it is likely to go to the next support level at $8.90. Should the price break the second support level, the third support level stands at $8.48.
Applied Digital Corporation (NASDAQ: APLD) Key Stats
The company with the Market Capitalisation of 2.07 billion has total of 211,246K Shares Outstanding. Its annual sales at the moment are 165,580 K in contrast with the sum of -149,270 K annual income. Company’s last quarter sales were recorded 60,700 K and last quarter income was -4,250 K.
