Applied Blockchain Stock Today
| APLD Stock | USD 7.00 0.11 1.60% |
Performance4 of 100
| Odds Of DistressLess than 38
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Applied Blockchain is trading at 7.00 as of the 12th of October 2024, a 1.60 percent increase since the beginning of the trading day. The stock's lowest day price was 6.9. Applied Blockchain has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Applied Blockchain are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 22nd of July 2002 | Category Technology | Classification Information Technology |
Applied Blockchain, Inc. designs, develops, and operates datacenters in North America. Applied Blockchain, Inc. was incorporated in 2001 and is based in Dallas, Texas. Applied Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 215.36 M outstanding shares of which 26.36 M shares are presently shorted by private and institutional investors with about 1.17 trading days to cover. More on Applied Blockchain
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Applied Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO, Chairman | Wesley Cummins | |||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Information Technology Services, Information Technology, NASDAQ Composite, Information Technology, Software, Capital Markets, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsApplied Blockchain can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Applied Blockchain's financial leverage. It provides some insight into what part of Applied Blockchain's total assets is financed by creditors.
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Applied Blockchain (APLD) is traded on NASDAQ Exchange in USA. It is located in 3811 Turtle Creek Boulevard, Dallas, TX, United States, 75219 and employs 150 people. Applied Blockchain is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.48 B. Applied Blockchain conducts business under Software sector and is part of Information Technology industry. The entity has 215.36 M outstanding shares of which 26.36 M shares are presently shorted by private and institutional investors with about 1.17 trading days to cover.
Applied Blockchain currently holds about 40.83 M in cash with 13.79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44.
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Ownership AllocationApplied Blockchain holds a total of 215.36 Million outstanding shares. 30% of Applied Blockchain outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Applied Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Plustick Management Llc | 2024-06-30 | 1.9 M | |
| Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 1.9 M | |
| Jane Street Group, Llc | 2024-06-30 | 1.7 M | |
| B. Riley Asset Management, Llc | 2024-06-30 | 1.6 M | |
| Balyasny Asset Management Llc | 2024-06-30 | 1.5 M | |
| Cowbird Capital Lp | 2024-06-30 | 1.4 M | |
| Castle Hook Partners Lp | 2024-06-30 | 1.3 M | |
| Royce & Associates, Lp | 2024-06-30 | 1.1 M | |
| Millennium Management Llc | 2024-06-30 | 956.4 K | |
| Hood River Capital Management Llc | 2024-06-30 | 9.6 M | |
| Oasis Management Co. Ltd | 2024-06-30 | 7.1 M |
Applied Blockchain Historical Income Statement
Applied Stock Against Markets
Applied Blockchain Corporate Management
| Brad Barton | EVP Development | Profile | |
| Regina Ingel | Chief Officer | Profile | |
| Michael Maniscalco | Ex Technology | Profile | |
| David Rench | Chief Officer | Profile | |
| Chris Jackson | Senior Operations | Profile | |
| Nick Phillips | Executive Acquisitions | Profile | |
| Saidal Mohmand | Ex Fin | Profile |
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The danger of trading Applied Blockchain is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Applied Blockchain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Applied Blockchain. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Applied Blockchain is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Applied Blockchain is a strong investment it is important to analyze Applied Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Applied Blockchain's future performance. For an informed investment choice regarding Applied Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Blockchain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Applied Blockchain. If investors know Applied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Applied Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.23) | Revenue Per Share 1.505 | Quarterly Revenue Growth 0.671 | Return On Assets (0.09) | Return On Equity (0.67) |
The market value of Applied Blockchain is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Applied Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Applied Blockchain's market value can be influenced by many factors that don't directly affect Applied Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Applied Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.