For its second fiscal quarter (ending November 30), Applied Digital Corp (NASDAQ: APLD) has reported E.P.S. of $-0.66 compared to $-0.10 a year ago. For the latest four quarters through November 30, E.P.S. were $-1.84 versus $-0.36 for the same period a year ago.
Recent Price Action
On 1/14/25, Applied Digital Corp (NASDAQ: APLD) stock enjoyed a very large increase of 10.0%, closing at $8.54. Moreover, exceptionally high trading volume at 379% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -6.3% during the last week.
Current PriceTarget Research Rating
Applied Digital has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Digital has a very low Appreciation Score of 9 but a very high Power Rating of 91, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment