Hyperscale Data (NYSEAMERICAN:GPUS) Stock Price Up 6.2% – Here’s Why

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) rose 6.2% on Monday . The stock traded as high as $2.40 and last traded at $2.40. Approximately 23,389 shares were traded during trading, a decline of 65% from the average daily volume of 66,705 shares. The stock had previously closed at $2.26.

Hyperscale Data Stock Down 7.0 %

The company has a fifty day moving average price of $3.82. The company has a debt-to-equity ratio of 11.68, a quick ratio of 0.22 and a current ratio of 0.23.

Hedge Funds Weigh In On Hyperscale Data

A hedge fund recently bought a new stake in Hyperscale Data stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $97,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 1.80% of Hyperscale Data as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 41.05% of the company’s stock.

About Hyperscale Data

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.