The price of Applied Digital Corporation (NASDAQ: APLD) closed at $2.71 in the last session, down -11.73% from day before closing price of $3.07. On the day, 11101429 shares were traded.
Ratios:
We take a closer look at APLD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 2.48 whereas as Long-Term Debt/Eq ratio is at 1.48.
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, ROTH MKM on October 03, 2023, initiated with a Buy rating and assigned the stock a target price of $14.
On December 22, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $4.
On May 24, 2022, DA Davidson started tracking the stock assigning a Buy rating and target price of $6.DA Davidson initiated its Buy rating on May 24, 2022, with a $6 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 20 ’24 when MOORE VIRGINIA sold 30,000 shares for $4.74 per share. The transaction valued at 142,200 led to the insider holds 148,630 shares of the business.
MOORE VIRGINIA sold 15,000 shares of APLD for $73,050 on Nov 29 ’23. The Director now owns 178,630 shares after completing the transaction at $4.87 per share. On Nov 28 ’23, another insider, MOORE VIRGINIA, who serves as the Director of the company, sold 45,000 shares for $4.72 each. As a result, the insider received 212,400 and left with 193,630 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30 while its Price-to-Book (P/B) ratio in mrq is 2.80.
Stock Price History:
Over the past 52 weeks, APLD has reached a high of $11.62, while it has fallen to a 52-week low of $2.71.
Shares Statistics:
A total of 95.93M shares are outstanding, with a floating share count of 86.13M. Insiders hold about 29.42% of the company’s shares, while institutions hold 53.93% stake in the company.
Earnings Estimates
The company has Air Products and Chemicals, Inc analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $51.79, with high estimates of $2.71 and low estimates of $119.00.
Analysts are recommending an EPS of between $Financial Services and $Real Estate for the fiscal current year, implying an average EPS of $Healthcare.
