Hyperscale Data (NYSEAMERICAN:GPUS) Stock Price Down 10.4% – Should You Sell?

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS)’s stock price fell 10.4% during trading on Monday . The stock traded as low as $0.41 and last traded at $0.43. 90,071,498 shares were traded during mid-day trading, a decline of 1% from the average session volume of 91,054,640 shares. The stock had previously closed at $0.48.

Hyperscale Data Stock Performance

The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average price is $0.52 and its 200 day moving average price is $2.07.

Hyperscale Data Announces Dividend

The company also recently announced a special dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, October 6th will be paid a $0.0877 dividend.

Institutional Investors Weigh In On Hyperscale Data

An institutional investor recently bought a new position in Hyperscale Data stock. Qube Research & Technologies Ltd bought a new stake in Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned approximately 0.17% of Hyperscale Data as of its most recent filing with the SEC. 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.