Hyperscale Data, Inc. (NYSEAMERICAN:GPUS – Get Free Report) Chairman Milton Ault III acquired 100,000 shares of the business’s stock in a transaction dated Wednesday, September 23rd. The shares were purchased at an average price of $0.18 per share, with a total value of $18,000.00. Following the transaction, the chairman owned 3,013,692 shares of the company’s stock, valued at approximately $542,464.56. This represents a 3.43% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.
Hyperscale Data Trading Up 2.2%
NYSEAMERICAN:GPUS traded up $0.00 during trading hours on Thursday, reaching $0.18. The stock had a trading volume of 14,502,347 shares, compared to its average volume of 15,899,176. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.54 and a current ratio of 0.57. Hyperscale Data, Inc. has a 52 week low of $0.17 and a 52 week high of $3.65. The company has a 50 day moving average price of $0.57 and a two-hundred day moving average price of $0.74.
Hyperscale Data (NYSEAMERICAN:GPUS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($0.25) earnings per share for the quarter. The business had revenue of $34.84 million during the quarter. Hyperscale Data had a negative return on equity of 97.52% and a negative net margin of 71.03%.
About Hyperscale Data
Hyperscale Data, Inc is a diversified technology holding company focused on data-center infrastructure, high-performance computing and digital assets. Through its operating subsidiaries, the company develops and operates facilities designed to support artificial intelligence, cryptocurrency mining and other compute-intensive applications.
The company’s activities have included data-center operations, high-performance computing services and the mining of digital assets. Its infrastructure operations have been associated with a facility in Michigan, serving customers and projects that require substantial computing capacity and related power and hosting resources.
Hyperscale Data was previously known as Ault Alliance, Inc and, before that, BitNile Holdings, Inc The company has used a holding-company structure to pursue investments across technology and other industries.
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