Hyperscale Data (NYSEAMERICAN:GPUS) Trading Up 7.5% – Here’s What Happened

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) shares shot up 7.5% on Thursday . The company traded as high as $1.45 and last traded at $1.43. 1,022,252 shares traded hands during trading, a decline of 65% from the average session volume of 2,909,114 shares. The stock had previously closed at $1.33.

Hyperscale Data Stock Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 0.28 and a quick ratio of 0.28. The firm’s 50-day simple moving average is $4.04 and its 200 day simple moving average is $3.81.

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 purchased a new position in Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 20,000 shares of the company’s stock, valued at approximately $97,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 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.