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.
After finishing at $7.38 in the prior trading day, Applied Digital Corporation (NASDAQ: APLD) closed at $7.12, down -3.52%. In other words, the price has decreased by -$3.52 from its previous closing price. On the day, 23.48 million shares were traded. APLD stock price reached its highest trading level at $7.88 during the session, while it also had its lowest trading level at $7.08.
Ratios:
Our goal is to gain a better understanding of APLD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.28.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 17 ’25 when Nottenburg Richard N sold 20,000 shares for $8.85 per share. The transaction valued at 177,000 led to the insider holds 342,923 shares of the business.
Nottenburg Richard N bought 20,000 shares of APLD for $177,000 on Jan 17 ’25. On Nov 27 ’24, another insider, Cummins Wes, who serves as the CEO; Chairman of the company, sold 200,000 shares for $9.20 each. As a result, the insider received 1,840,000 and left with 3,875,955 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APLD now has a Market Capitalization of 1587069440 and an Enterprise Value of 2262000896. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.50 while its Price-to-Book (P/B) ratio in mrq is 3.55. Its current Enterprise Value per Revenue stands at 11.908 whereas that against EBITDA is 150.12.
Stock Price History:
The Beta on a monthly basis for APLD is 4.62, which has changed by 0.67136145 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, APLD has reached a high of $11.25, while it has fallen to a 52-week low of $2.36. The 50-Day Moving Average of the stock is -19.29%, while the 200-Day Moving Average is calculated to be 14.12%.
Shares Statistics:
The stock has traded on average 19.99M shares per day over the past 3-months and 25786180 shares per day over the last 10 days, according to various share statistics. A total of 216.56M shares are outstanding, with a floating share count of 158.94M. Insiders hold about 24.76% of the company’s shares, while institutions hold 65.12% stake in the company. Shares short for APLD as of 1735603200 were 49096660 with a Short Ratio of 2.83, compared to 1732838400 on 42817676. Therefore, it implies a Short% of Shares Outstanding of 49096660 and a Short% of Float of 25.620001999999996.
