Applied Digital Corp (NASDAQ: APLD) stock enjoyed a major increase of 18.2% on 11/19/24. The shares closed at $9.16. Moreover, trading volume in this advance was exceptionally high at 218% of normal. The stock has risen 20.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Applied Digital has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Applied Digital has a very low Appreciation Score of 10 but a very high Power Rating of 97, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment