Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Applied Digital Corporation’s stock clocked out at $5.39, down -2.00% from its previous closing price of $5.50. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 24.84 million shares were traded.
Ratios:
To gain a deeper understanding of APLD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 2.00 whereas as Long-Term Debt/Eq ratio is at 1.64.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Compass Point on January 28, 2025, initiated with a Buy rating and assigned the stock a target price of $10.
On December 20, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $15.
On October 03, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $14.ROTH MKM initiated its Buy rating on October 03, 2023, with a $14 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 14 ’25 when REED KATE bought 5,000 shares for $9.23 per share.
Nottenburg Richard N sold 20,000 shares of APLD for $177,000 on Jan 17 ’25. The Director now owns 342,923 shares after completing the transaction at $8.85 per share. On Jan 17 ’25, another insider, Nottenburg Richard N, who serves as the Director of the company, bought 20,000 shares for $8.85 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.48 while its Price-to-Book (P/B) ratio in mrq is 2.66.
Stock Price History:
Over the past 52 weeks, APLD has reached a high of $12.48, while it has fallen to a 52-week low of $3.01. The 50-Day Moving Average of the stock is -6.98%, while the 200-Day Moving Average is calculated to be -21.97%.
Shares Statistics:
A total of 224.39M shares are outstanding, with a floating share count of 172.85M. Insiders hold about 23.08% of the company’s shares, while institutions hold 63.49% stake in the company.
