Hyperscale Data, Inc. (NYSEAMERICAN:GPUS – Get Free Report) CEO William Horne purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was purchased at an average price of $19.00 per share, with a total value of $95,000.00. Following the purchase, the chief executive officer directly owned 5,000 shares of the company’s stock, valued at $95,000. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Hyperscale Data Trading Up 8.7%
Shares of NYSEAMERICAN:GPUS traded up $0.01 during trading hours on Wednesday, reaching $0.15. The stock had a trading volume of 114,562,319 shares, compared to its average volume of 71,826,336. Hyperscale Data, Inc. has a 1 year low of $0.11 and a 1 year high of $1.50. The firm’s 50 day moving average is $0.18 and its 200-day moving average is $0.20. The company has a current ratio of 0.53, a quick ratio of 0.50 and a debt-to-equity ratio of 0.14.
Hyperscale Data declared that its board has approved a stock repurchase plan on Tuesday, May 26th that allows the company to repurchase $5.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 6.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.
Institutional Trading of Hyperscale Data
About Hyperscale Data
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. The company offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as socialization and connectivity and real and virtual concerts.
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