Milton Ault III Buys 200,000 Shares of Hyperscale Data (NYSEAMERICAN:GPUS) Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III acquired 200,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost of $0.23 per share, with a total value of $46,000.00. Following the transaction, the chairman directly owned 900,005 shares of the company’s stock, valued at approximately $207,001.15. This represents a 28.57% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Hyperscale Data Price Performance

Hyperscale Data stock traded down $0.01 during midday trading on Tuesday, hitting $0.23. 16,320,458 shares of the company were exchanged, compared to its average volume of 24,664,883. Hyperscale Data, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $9.98. The company’s fifty day moving average price is $0.33 and its 200-day moving average price is $0.80. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.49 and a current ratio of 0.50.

Hyperscale Data (NYSEAMERICAN:GPUS) last posted its quarterly earnings data on Monday, November 17th. The company reported ($0.39) earnings per share (EPS) for the quarter. Hyperscale Data had a negative return on equity of 217.89% and a negative net margin of 38.79%.The business had revenue of $24.33 million for the quarter.

Hedge Funds Weigh In On Hyperscale Data

An institutional investor recently bought a new position in Hyperscale Data stock. Qube Research & Technologies Ltd acquired a new stake in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned about 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. The company offers lifting services; virtual markets, real world goods marketplaces, gaming, sweepstakes gaming, contest of skill, and building private spaces, as well as socialization and connectivity and real and virtual concerts.