Applied Digital (NASDAQ:APLD) Trading Down 4.3%

Applied Digital Co. (NASDAQ:APLDGet Free Report)’s share price fell 4.3% during trading on Thursday . The stock traded as low as $6.04 and last traded at $6.08. 1,299,161 shares were traded during mid-day trading, a decline of 66% from the average session volume of 3,781,560 shares. The stock had previously closed at $6.35.

Applied Digital Trading Down 4.3 %

The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.10. The firm has a market cap of $600.83 million, a price-to-earnings ratio of -11.80 and a beta of 4.06.

About Applied Digital

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Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

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