In Monday’s Wall Street session, Applied Digital Corporation (NASDAQ:APLD) shares traded at $6.82, down -0.15% from the previous session.
APLD stock price is now 20.87% away from the 50-day moving average and -1.95% away from the 200-day moving average. The market capitalization of the company currently stands at $1.53B.
With the price target of $10, Compass Point recently initiated with Buy rating for Applied Digital Corporation (NASDAQ: APLD). On December 20, 2024, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $15, while ‘ROTH MKM’ rates the stock as ‘Buy’
In other news, Benson Ella G., Director sold 18,242 shares of the company’s stock on May 16 ’25. The stock was sold for $118,573 at an average price of $6.50. Upon completion of the transaction, the Director now directly owns 111,825 shares in the company, valued at $0.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, Director ELLA BENSON bought 18,242 shares of the business’s stock. A total of $101,973 was incurred on buying the stock at an average price of $5.59. A total of 23.08% of the company’s stock is owned by insiders.
During the past 12 months, Applied Digital Corporation has had a low of $3.01 and a high of $12.48. As of last week, the company has a debt-to-equity ratio of 2.00, a current ratio of 0.70, and a quick ratio of 0.70.
The net profit margin was -110.54% and return on equity was -78.94% for APLD.
