Key Points
- CEO William Horne bought 100,000 shares of Hyperscale Data at an average price of $0.17, investing $17,000 and increasing his stake by 33.33% to 400,000 shares.
- Hyperscale Data shares fell 5.8% to open at $0.16, matching the company’s 52-week low; the stock’s 52-week high is $3.65.
- The company reported a quarterly loss of $0.25 per share on $34.84 million in revenue, alongside a negative net margin of 71.03% and negative return on equity of 97.52%.
Hyperscale Data, Inc. (NYSEAMERICAN:GPUS - Get Free Report) CEO William Horne acquired 100,000 shares of the company's stock in a transaction on Tuesday, September 29th. The shares were purchased at an average cost of $0.17 per share, for a total transaction of $17,000.00. Following the acquisition, the chief executive officer owned 400,000 shares of the company's stock, valued at approximately $68,000. The trade was a 33.33% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Hyperscale Data Trading Down 5.8%
GPUS opened at $0.16 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 0.57 and a debt-to-equity ratio of 0.29. The business's 50 day moving average is $0.53 and its two-hundred day moving average is $0.72. Hyperscale Data, Inc. has a 52 week low of $0.16 and a 52 week high of $3.65.
Hyperscale Data (NYSEAMERICAN:GPUS - Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The company reported ($0.25) EPS for the quarter. The business had revenue of $34.84 million during the quarter. Hyperscale Data had a negative net margin of 71.03% and a negative return on equity of 97.52%.
About Hyperscale Data
(
Get Free Report)
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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