Milton Ault III Acquires 100,000 Shares of Hyperscale Data (NYSEAMERICAN:GPUS) Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton Ault III acquired 100,000 shares of the firm’s stock in a transaction dated Monday, December 29th. The stock was bought at an average price of $0.20 per share, for a total transaction of $20,000.00. Following the completion of the acquisition, the chairman owned 1,000,005 shares in the company, valued at approximately $200,001. The trade was a 11.11% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Hyperscale Data Stock Down 4.3%

Hyperscale Data stock traded down $0.01 during trading on Tuesday, hitting $0.19. The company had a trading volume of 23,639,821 shares, compared to its average volume of 24,564,998. The company has a quick ratio of 0.49, a current ratio of 0.50 and a debt-to-equity ratio of 0.03. Hyperscale Data, Inc. has a 1-year low of $0.18 and a 1-year high of $9.98. The company’s 50 day simple moving average is $0.31 and its 200-day simple moving average is $0.64.

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

Hedge Funds Weigh In On Hyperscale Data

A hedge fund recently bought a new stake in Hyperscale Data stock. Qube Research & Technologies Ltd purchased a new position in shares of Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,721 shares of the company’s stock, valued at approximately $47,000. Qube Research & Technologies Ltd owned 0.17% of Hyperscale Data at the end of the most recent reporting period. Hedge funds and other 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.