Applied Digital Corporation (APLD) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Applied Digital Corporation is listed on the NASDAQ in the Technology sector while operating in the Information Technology Services industry. The current market capitalization of Applied Digital Corporation is $1.81B. A total of 18.98 million shares were traded on the day, compared to an average of 20.12M shares.

In the most recent transaction, Nottenburg Richard N sold 20,000 shares of APLD for 8.85 per share on Jan 17 ’25. After the transaction, the Director now owns 342,923 company shares. In a previous transaction on Jan 17 ’25, Nottenburg Richard N bought 20,000 shares at 8.85 per share.

Among the insiders who sold shares, Cummins Wes disposed of 200,000 shares on Nov 27 ’24 at a per-share price of $9.20. This resulted in the CEO; Chairman holding 3,875,955 shares of APLD after the transaction. In another insider transaction, Nottenburg Richard N sold 50,000 shares at $9.20 per share on Nov 27 ’24. Company shares held by the Director now total 334,317.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, APLD has a high of $11.25 and a low of $2.36.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. APLD’s latest balance sheet shows that the firm has $38.80M in Cash & Short Term Investments as of fiscal 2022. There were $13.54M in debt and $29.00M in liabilities at the time. Its Book Value Per Share was $2.01, while its Total Shareholder’s Equity was $79.23M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for APLD is Buy with a score of 4.89.

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