Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Milton Ault III Acquires 50,000 Shares

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III purchased 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were acquired at an average cost of $0.23 per share, for a total transaction of $11,500.00. Following the purchase, the chairman owned 274,905 shares of the company’s stock, valued at $63,228.15. This represents a 22.23% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hyperscale Data Stock Up 18.9%

Shares of NYSEAMERICAN:GPUS traded up $0.04 during trading on Friday, reaching $0.25. The company’s stock had a trading volume of 11,354,820 shares, compared to its average volume of 24,650,131. Hyperscale Data, Inc. has a 12 month low of $0.20 and a 12 month high of $9.98. The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 0.11. The firm’s 50 day simple moving average is $0.41 and its two-hundred day simple moving average is $1.72.

Hyperscale Data (NYSEAMERICAN:GPUS) last announced its earnings results on Monday, November 17th. The company reported ($0.39) EPS for the quarter. Hyperscale Data had a negative return on equity of 1,163.96% and a negative net margin of 48.58%.The company had revenue of $24.33 million during the quarter.

Hyperscale Data Announces Dividend

The company also recently announced a special dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, October 6th were issued a $0.0877 dividend.

Institutional Trading of Hyperscale Data

A hedge fund recently bought a new stake in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new stake in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned about 0.17% of Hyperscale Data as of its most recent filing with the Securities & Exchange Commission. 41.05% of the stock is owned by hedge funds and other institutional investors.

Hyperscale Data Company Profile

Hyperscale Data, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. It operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, Sentinum, GIGA, TurnOnGreen, ROI, and Ault Disruptive.