Should Investors Trust The Upside Potential In Hyperscale Data Inc (GPUS)?

Hyperscale Data Inc (AMEX:GPUS) currently has a daily average trading volume of 951.97K but it saw 1574587 shares traded in last market. With a market cap of 9.29M USD, the company’s current market price of $0.24 came rising about 5.05 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.40 and as low as $0.18. In the recent trading on the day, stock has struck highest price mark of $0.2205 while lowest mark touched by it was $0.248.

Taking a look at 20-day trading activity of Hyperscale Data Inc (GPUS) gives us an average price of $0.2186, while its current price level is -92.97% below from 52-week high level whereas it is 32.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2160 while that of 200 days or SMA-200 reads an average of $0.3106. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.04% during that period while stretching the period over a month that decreases to 6.60%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.16 which implies that the stock is in neutral territory.

Over the week, GPUS’s stock price is moving 17.16% up while it is 17.39% when we observe its performance for the past one month. Year-to-date it is -89.48% down and over the past year, the stock is showing a downside performance of -91.52%.

Currently, Hyperscale Data Inc’s total number of outstanding shares is 38.85M. Company’s return on investment (ROI) stands at -270.72% and return on equity (ROE) at -224.07%. Stock’s beta reads 3.55. Stock has a price to book (P/B) ratio of 0.32 while price to sale or P/S ratio amounts to 0.06. Its return on asset (ROA) is -42.93% on average.