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Applied Digital Corporation (APLD) Stock Price and Analyst Predictions

and a 36-month beta value of 3.98. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The average price predicted for Applied Digital Corporation (APLD) by analysts is $9.42, which is $0.33 above the current market price. The public float for APLD is 57.50M, and at present, short sellers hold a 4.93% of that float. On May 25, 2023, the average trading volume of APLD was 3.00M shares.

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APLD) stock’s latest price update

Applied Digital Corporation (NASDAQ: APLD)’s stock price has increased by 14.48 compared to its previous closing price of 7.94. However, the company has seen a 28.94% increase in its stock price over the last five trading sessions.

APLD’s Market Performance

Applied Digital Corporation (APLD) has experienced a 28.94% rise in stock performance for the past week, with a 197.06% rise in the past month, and a 218.95% rise in the past quarter. The volatility ratio for the week is 22.21%, and the volatility levels for the past 30 days are at 14.67% for APLD. The simple moving average for the past 20 days is 99.22% for APLD’s stock, with a 265.42% simple moving average for the past 200 days.

APLD Trading at 169.64% from the 50-Day Moving Average

After a stumble in the market that brought APLD to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.11% of gains for the given period.

Volatility was left at 14.67%, however, over the last 30 days, the volatility rate increased by 22.21%, as shares surge +191.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +366.15% upper at present.

During the last 5 trading sessions, APLD rose by +28.94%, which changed the moving average for the period of 200-days by +315.07% in comparison to the 20-day moving average, which settled at $4.86. In addition, Applied Digital Corporation saw 394.02% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at APLD starting from Cummins Wes, who purchase 10,000 shares at the price of $6.17 back on May 17. After this action, Cummins Wes now owns 2,030,686 shares of Applied Digital Corporation, valued at $61,700 using the latest closing price.

Cummins Wes, the CEO; Chairman of Applied Digital Corporation, purchase 25,000 shares at $3.50 during a trade that took place back on Apr 14, which means that Cummins Wes is holding 2,020,686 shares at $87,500 based on the most recent closing price.

Stock Fundamentals for APLD

Current profitability levels for the company are sitting at:

  • -244.45 for the present operating margin
  • -156.08 for the gross margin

The net margin for Applied Digital Corporation stands at -262.91. The total capital return value is set at -38.89, while invested capital returns managed to touch -46.82. Equity return is now at value -61.90, with -25.60 for asset returns.

Based on Applied Digital Corporation (APLD), the company’s capital structure generated 18.74 points at debt to equity in total, while total debt to capital is 15.78. Total debt to assets is 10.84, with long-term debt to equity ratio resting at 15.51. Finally, the long-term debt to capital ratio is 13.06.

When we switch over and look at the enterprise to sales, we see a ratio of 17.55, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 75.32 and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.


To sum up, Applied Digital Corporation (APLD) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.