Hyperscale Data (NYSEAMERICAN:GPUS) Chairman Acquires 100,000 Shares of Company Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III bought 100,000 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The stock was bought at an average price of $0.18 per share, with a total value of $18,000.00. Following the acquisition, the chairman owned 3,013,692 shares in the company, valued at approximately $542,464.56. This trade represents a 3.43% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Hyperscale Data Price Performance

NYSEAMERICAN:GPUS traded up $0.00 during midday trading on Thursday, hitting $0.18. 14,502,347 shares of the company traded hands, compared to its average volume of 15,899,176. The firm’s fifty day moving average is $0.57 and its 200-day moving average is $0.74. Hyperscale Data, Inc. has a 12-month low of $0.17 and a 12-month high of $3.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.54 and a current ratio of 0.57.

Hyperscale Data (NYSEAMERICAN:GPUS) last released its earnings results on Wednesday, August 19th. The company reported ($0.25) earnings per share (EPS) for the quarter. Hyperscale Data had a negative return on equity of 97.52% and a negative net margin of 71.03%.The firm had revenue of $34.84 million during the quarter.

About Hyperscale Data

Hyperscale Data, Inc is a diversified technology holding company focused on data-center infrastructure, high-performance computing and digital assets. Through its operating subsidiaries, the company develops and operates facilities designed to support artificial intelligence, cryptocurrency mining and other compute-intensive applications.

The company’s activities have included data-center operations, high-performance computing services and the mining of digital assets. Its infrastructure operations have been associated with a facility in Michigan, serving customers and projects that require substantial computing capacity and related power and hosting resources.

Hyperscale Data was previously known as Ault Alliance, Inc and, before that, BitNile Holdings, Inc The company has used a holding-company structure to pursue investments across technology and other industries.