APLD (Applied Digital Corporation) dropped -27.73 at the last close: Is This Today’s Most Popular Stock?

Applied Digital Corporation (NASDAQ: APLD) kicked off on Monday, down -27.73% from the previous trading day, before settling in for the closing price of $8.96. Over the past 52 weeks, APLD has traded in a range of $2.36-$11.25.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

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 55.94%. With a float of $158.94 million, this company’s outstanding shares have now reached $216.56 million.

The firm has a total of 150 workers. Let’s measure their productivity. In terms of profitability, gross margin is 2.29%, operating margin of -36.45%, and the pretax margin is -127.81%.

Applied Digital Corporation (APLD) Breakdown of a Key Holders of the stock

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 24.76%, while institutional ownership is 61.96%. The most recent insider transaction that took place on Jan 17 ’25, was worth 177,000. In this transaction Director of this company sold 20,000 shares at a rate of $8.85, taking the stock ownership to the 342,923 shares. Before that another transaction happened on Jan 17 ’25, when Company’s Director proposed sale 20,000 for $8.85, making the entire transaction worth $177,000.

Applied Digital Corporation (APLD) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 55.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.25% during the next five years compared to -65.58% drop over the previous five years of trading.

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 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.82.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.73, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.40 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 26.8 million was better than the volume posted last year of 25.19 million. As of the previous 9 days, the stock’s Stochastic %D was 48.35%. Additionally, its Average True Range was 1.06.

During the past 100 days, Applied Digital Corporation’s (APLD) raw stochastic average was set at 42.05%, which indicates a significant increase from 8.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 156.62% in the past 14 days, which was higher than the 152.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.84, while its 200-day Moving Average is $6.16. Now, the first resistance to watch is $7.80. This is followed by the second major resistance level at $9.12. The third major resistance level sits at $9.96. If the price goes on to break the first support level at $5.64, it is likely to go to the next support level at $4.80. Now, if the price goes above the second support level, the third support stands at $3.48.

Applied Digital Corporation (NASDAQ: APLD) Key Stats

The company with the Market Capitalisation of 1.44 billion has total of 222,903K 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 63,870 K and last quarter income was -138,730 K.