On 12/24/24, Applied Digital Corp (NASDAQ: APLD) stock enjoyed a major increase of 10.7%, closing at $8.77. However, this advance was accompanied by unusually low trading volume at 62% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -12.4% during the last week.
Current PriceTarget Research Rating
Applied Digital has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. Applied Digital has a very low Appreciation Score of 9 but a very high Power Rating of 99, triggering 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.