Milton Ault III Acquires 205,656 Shares of Hyperscale Data (NYSEAMERICAN:GPUS) Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III bought 205,656 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average cost of $0.24 per share, for a total transaction of $49,357.44. Following the completion of the transaction, the chairman owned 224,905 shares in the company, valued at $53,977.20. This represents a 1,068.40% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Hyperscale Data Stock Performance

Shares of GPUS stock traded down $0.02 during mid-day trading on Thursday, reaching $0.21. 26,516,710 shares of the company were exchanged, compared to its average volume of 24,678,801. The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 0.11. Hyperscale Data, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $9.98. The business’s 50 day simple moving average is $0.41 and its 200 day simple moving average is $1.72.

Hyperscale Data (NYSEAMERICAN:GPUS) last issued its earnings results on Monday, November 17th. The company reported ($0.39) earnings per share (EPS) for the quarter. The company had revenue of $24.33 million during the quarter. Hyperscale Data had a negative net margin of 48.58% and a negative return on equity of 1,163.96%.

Hyperscale Data Dividend Announcement

The company also recently declared a special dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, October 6th were issued a $0.0877 dividend.

Hedge Funds 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) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned 0.17% of Hyperscale Data as of its most recent SEC filing. 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.