Applied Digital Corp. Hits New 52-Week High of $24.85

Applied Digital Corp. has reached a significant milestone by hitting a new 52-week high of USD 24.85 on September 22, 2025. This achievement marks a remarkable increase in the stock's performance, reflecting a staggering 492.01% rise over the past year, significantly outpacing the S&P 500's performance of 16.64% during the same period.
As a small-cap company within the Commercial Services & Supplies industry, Applied Digital Corp. has demonstrated notable resilience and growth potential. With a market capitalization of USD 3,708 million, the company has positioned itself strongly in its sector. Despite being loss-making, the stock's price-to-book ratio stands at 5.85, indicating investor valuation relative to its net assets.

The company's debt-to-equity ratio of 0.93 suggests a balanced approach to leveraging, while a return on equity of -11.98% highlights the challenges it faces in generating profit from its equity base. Overall, the achievement of this 52-week high underscores the dynamic nature of Applied Digital Corp.'s stock performance in the current market landscape.