Should You Sell Applied Digital Corporation (APLD) And Go Away This Year?

Applied Digital Corporation (NASDAQ:APLD) currently has a daily average trading volume of 32.86M but it saw 45438008 shares traded in last market. With a market cap of 1.52B USD, the company’s current market price of $6.78 came rising about 0.74 while comparing to the previous closing price of $6.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.48 and as low as $3.01.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Compass Point which initiated the stock as “Buy” in its note to investors issued on January 28, 2025, recommending a price target of $10 for it. ROTH MKM also issued its recommendations for the stock as it initiated the price target for the stock is $14.

Over the week, APLD’s stock price is moving 13.38% up while it is 68.24% when we observe its performance for the past one month. Year-to-date it is -11.26% down and over the past year, the stock is showing an upside performance of 63.77%.

Currently, Applied Digital Corporation’s total number of outstanding shares is 224.39M with 18.80% of that held by the insiders while 67.46% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -18.61% and return on equity (ROE) at -78.94%. Stock’s beta reads 5.93. Stock has a price to book (P/B) ratio of 3.35 while price to sale or P/S ratio amounts to 6.89. Its return on asset (ROA) is -20.70% on average.