During the last session, Applied Digital Corporation (NASDAQ:APLD)’s traded shares were 5.82 million, with the beta value of the company hitting 4.13. At the end of the trading day, the stock’s price was $2.98, reflecting an intraday gain of 1.71% or $0.05. The 52-week high for the APLD share is $11.62, that puts it down -289.93 from that peak though still a striking 20.81% gain since the share price plummeted to a 52-week low of $2.36. The company’s market capitalization is $365.77M, and the average trade volume was 3.47 million shares over the past three months.
Applied Digital Corporation (NASDAQ:APLD) trade information
Applied Digital Corporation (APLD) registered a 1.71% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.71% in intraday trading to $2.98, hitting a weekly high. The stock’s 5-day price performance is 24.17%, and it has moved by -32.43% in 30 days. Based on these gigs, the overall price performance for the year is -0.33%.
Applied Digital Corporation (APLD) estimates and forecasts
Statistics show that Applied Digital Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Applied Digital Corporation (APLD) shares have gone down -38.43% during the last six months, with a year-to-date growth rate less than the industry average at -75.51% against 9.80. In the rating firms’ projections, revenue will increase 169.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 28.24M as predicted by 6 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 52.36M by the end of current fiscal year.
While earnings are projected to return -68.98% in 2024.
APLD Dividends
Applied Digital Corporation is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
