In the past week, APLD stock has gone up by 7.36%, with a monthly decline of -11.09% and a quarterly surge of 10.56%. The volatility ratio for the week is 11.56%, and the volatility levels for the last 30 days are 10.88% for Applied Digital Corporation The simple moving average for the past 20 days is 4.48% for APLD’s stock, with a 47.94% simple moving average for the past 200 days.
Is It Worth Investing in Applied Digital Corporation (NASDAQ: APLD) Right Now?
APLD has 36-month beta value of 4.67. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for APLD is 158.92M, and currently, short sellers hold a 30.89% ratio of that float. The average trading volume of APLD on January 20, 2025 was 17.66M shares.
APLD) stock’s latest price update
Applied Digital Corporation (NASDAQ: APLD)’s stock price has decreased by -0.89 compared to its previous closing price of 8.98. However, the company has seen a 7.36% increase in its stock price over the last five trading sessions. youtube.com reported 2025-01-15 that Sponsored by Dell Technologies. The demand for AI-powered tools and high-performance computing is reaching new heights.
Analysts’ Opinion of APLD
Many brokerage firms have already submitted their reports for APLD stocks, with Cantor Fitzgerald repeating the rating for APLD by listing it as a “Overweight.” The predicted price for APLD in the upcoming period, according to Cantor Fitzgerald is $15 based on the research report published on December 20, 2024 of the previous year 2024.
ROTH MKM, on the other hand, stated in their research note that they expect to see APLD reach a price target of $14. The rating they have provided for APLD stocks is “Buy” according to the report published on October 03rd, 2023.
H.C. Wainwright gave a rating of “Buy” to APLD, setting the target price at $4 in the report published on December 22nd of the previous year.
APLD Trading at 2.34% 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 unable to rebound, for now settling with -20.89% of loss for the given period.
Volatility was left at 10.88%, however, over the last 30 days, the volatility rate increased by 11.56%, as shares sank -8.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +49.08% upper at present.
During the last 5 trading sessions, APLD rose by +7.36%, which changed the moving average for the period of 200-days by +132.98% in comparison to the 20-day moving average, which settled at $8.52. In addition, Applied Digital Corporation saw 16.49% 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 Nottenburg Richard N, who proposed sale 20,000 shares at the price of $8.85 back on Jan 17 ’25. After this action, Nottenburg Richard N now owns shares of Applied Digital Corporation, valued at $177,000 using the latest closing price.
Cummins Wes, the CEO; Chairman of Applied Digital Corporation, sale 200,000 shares at $9.20 during a trade that took place back on Nov 27 ’24, which means that Cummins Wes is holding 3,875,955 shares at $1,840,000 based on the most recent closing price.
Stock Fundamentals for APLD
Current profitability levels for the company are sitting at:
- -0.36 for the present operating margin
- 0.02 for the gross margin
The net margin for Applied Digital Corporation stands at -1.28. The total capital return value is set at -0.07. Equity return is now at value -83.77, with -26.74 for asset returns.
Based on Applied Digital Corporation (APLD), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.15. The debt to equity ratio resting at 1.84. The interest coverage ratio of the stock is -2.06.
Currently, EBITDA for the company is -43.38 million with net debt to EBITDA at -5.78. When we switch over and look at the enterprise to sales, we see a ratio of 11.8. The receivables turnover for the company is 17.19for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
To put it simply, Applied Digital Corporation (APLD) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
