Hyperscale Data (NYSEAMERICAN:GPUS) Trading Up 6.2% – Here’s Why

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS)’s share price rose 6.2% during mid-day trading on Monday . The stock traded as high as $2.40 and last traded at $2.40. Approximately 23,389 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 66,705 shares. The stock had previously closed at $2.26.

Hyperscale Data Stock Down 7.0 %

The business’s fifty day moving average is $3.82. The company has a current ratio of 0.23, a quick ratio of 0.22 and a debt-to-equity ratio of 11.68.

Hedge Funds Weigh In On Hyperscale Data

An institutional investor recently bought a new position in Hyperscale Data stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,000 shares of the company’s stock, valued at approximately $97,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 1.80% of Hyperscale Data at the end of the most recent reporting period. Institutional investors own 41.05% of the company’s stock.

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.