Hyperscale Data Inc. (GPUS) Volatility Hits 10.72%: How An Investor Should Respond

Hyperscale Data Inc. (AMEX:GPUS) concluded the trading at $0.22 on current market day with a rise of 1.42% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $0.22 and 5Y monthly beta was reading 3.436 with its price kept floating in the range of $0.2148 and $0.225 on the day. Considering stock’s 52-week price range provides that GPUS hit a high price of $10.45 and saw its price falling to a low level of $0.19 during that period. Over a period of past 1-month, stock came adding 5.16% in its value.

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With its current market valuation of $8.62 million, Hyperscale Data Inc. is set to declare its quarterly results in October. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 34.36M. They suggested that in the process company could generate revenue of as low as 37.5M which could climb up to 37.5M to hit a high. The average estimate is representing an increase of 340.60% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 134.33M in current fiscal year, which will be 156.40% more from revenue generated by the company last year.

In contrast, when we review GPUS stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.

Digging deeper we become aware of the PEG ratio of the GPUS stock which is currently positioned at 0. It further provides that stock’s current price level is 4.26% away from its 20-day simple moving average and is -4.93% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 50.65 while volatility remained at 10.72% over the past week which changes to 8.92% when measuring it over the past month. Beta is valued at 3.49, while measure of average true range or ATR is currently at 0.02.

Having a second look at Hyperscale Data Inc. (AMEX:GPUS) provides that stock’s average daily trading volume for 3 months was 1.09 million, while it jumped to 873900 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 38.85 million.

The percentage of outstanding shares held by the insiders is 0.37% while it is 1.81% for the institutional holders. The figures also indicate that as of 2024-09-13, number of stock’s short shares was 1.4 million which implies a short ratio of 1.25. This shows up a 360.00 of Short Interest in company’s outstanding shares on the day. In September the standing of shares short improved as it was 0.94 million in the previous month. Subtraction of -90.23% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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