Hyperscale Data Inc. (AMEX: GPUS) Defies Bearish Expectations and Displays Strong Future Potential

In the latest trading session, 0.58 million Hyperscale Data Inc. (AMEX:GPUS) shares changed hands as the company’s beta touched 3.49. With the company’s most recent per share price at $0.23 changing hands around $0.01 or 5.27% at last look, the market valuation stands at $9.08M. GPUS’s current price is a discount, trading about -4339.13% off its 52-week high of $10.21. The share price had its 52-week low at $0.19, which suggests the last value was 17.39% up since then. When we look at Hyperscale Data Inc.’s average trading volume, we note the 10-day average is 0.83 million shares, with the 3-month average coming to 1.06 million.

Hyperscale Data Inc. (AMEX:GPUS) trade information

Instantly GPUS is in green as seen in intraday trades today. With action 6.28%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -89.71%, with the 5-day performance at 6.28% in the green. However, in the 30-day time frame, Hyperscale Data Inc. (AMEX:GPUS) is 13.39% up. Looking at the short shares, we see there were 1.4 million shares sold at short interest cover period of 1.25 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Hyperscale Data Inc. (GPUS) estimates and forecasts

Year-over-year growth is forecast to reach 156.40% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 34.36M. The company’s revenue for the corresponding quarters a year ago was 7.8M and 32.83M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 340.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 84.21%.

GPUS Dividends

Hyperscale Data Inc. is expected to release its next quarterly earnings report in October. The 0.00% annual yield figure for the share gives it an annual dividend of 0.00. It is important to note, however, that the 0.00% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

Hyperscale Data Inc. (AMEX:GPUS)’s Major holders

Among Mutual Funds, the top two as of Jul 31, 2024 were Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund. With 190.94 shares estimated at $43152.0 under it, the former controlled 0.49% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.00% of the shares, roughly 676.0 shares worth around $152.0.