How To Know If Applied Digital Corporation (NASDAQ:APLD) Is Expensive At $3.00.

In last trading session, Applied Digital Corporation (NASDAQ:APLD) saw 5.95 million shares changing hands with its beta currently measuring 4.21. Company’s recent per share price level of $3.00 trading at $0.3 or 10.91% at ring of the bell on the day assigns it a market valuation of $368.22M. That closing price of APLD’s stock is at a discount of -287.33% from its 52-week high price of $11.62 and is indicating a premium of 21.33% from its 52-week low price of $2.36. Taking a look at company’s average trading volume volume of 3.58 million if we extend that period to 3-months.

Applied Digital Corporation (NASDAQ:APLD) trade information

Upright in the green during last session for gaining 10.91%, in the last five days APLD remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $3.00 price level, adding 6.54% to its value on the day. Applied Digital Corporation’s shares saw a change of -55.49% in year-to-date performance and have moved 0.67% in past 5-day. Applied Digital Corporation (NASDAQ:APLD) showed a performance of -21.47% in past 30-days.

Applied Digital Corporation (APLD) estimates and forecasts

Statistics highlight that Applied Digital Corporation is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -34.50% of value to its shares in past 6 months, showing an annual growth rate of -75.51% while that of industry is 9.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

APLD Dividends

Applied Digital Corporation is more likely to be releasing its next quarterly report between April 08 and April 23 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.