In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Applied Digital Corporation (NASDAQ: APLD) closed at $12.48 down -4.15% from its previous closing price of $13.02. In other words, the price has decreased by -$4.15 from its previous closing price. On the day, 60.09 million shares were traded.
Ratios:
For a deeper understanding of Applied Digital Corporation’s stock, let’s take a closer look at its various 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.
On January 28, 2025, Compass Point started tracking the stock assigning a Buy rating and target price of $10.Compass Point initiated its Buy rating on January 28, 2025, with a $10 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 02 ’25 when DAVID M RENCH bought 30,000 shares for $6.83 per share.
Lee Rachel H. sold 24,212 shares of APLD for $169,484 on May 21 ’25. The Director now owns 83,613 shares after completing the transaction at $7.00 per share. On May 21 ’25, another insider, RACHEL H LEE, who serves as the Director of the company, bought 24,212 shares for $6.73 each.
Stock Price History:
Over the past 52 weeks, APLD has reached a high of $15.42, while it has fallen to a 52-week low of $3.01. The 50-Day Moving Average of the stock is 93.37%, while the 200-Day Moving Average is calculated to be 69.45%.
Shares Statistics:
A total of 224.39M shares are outstanding, with a floating share count of 160.50M. Insiders hold about 28.69% of the company’s shares, while institutions hold 61.52% stake in the company.