Insider Buying: Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Purchases 50,000 Shares of Stock

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton C. Ault III bought 50,000 shares of Hyperscale Data stock in a transaction on Monday, September 30th. The shares were acquired at an average price of $0.23 per share, for a total transaction of $11,500.00. Following the completion of the acquisition, the chairman now owns 204,729 shares in the company, valued at $47,087.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Hyperscale Data Price Performance

Shares of NYSEAMERICAN GPUS remained flat at $0.23 during mid-day trading on Tuesday. 602,750 shares of the company were exchanged, compared to its average volume of 3,740,299. Hyperscale Data, Inc. has a 1 year low of $0.19 and a 1 year high of $15.75. The company has a current ratio of 0.23, a quick ratio of 0.19 and a debt-to-equity ratio of 0.99.

Hyperscale Data (NYSEAMERICAN:GPUS) last released its earnings results on Friday, August 16th. The company reported ($1.08) EPS for the quarter. Hyperscale Data had a negative return on equity of 228.39% and a negative net margin of 99.01%. The firm had revenue of $28.40 million during the quarter.

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.