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

Hyperscale Data, Inc. (NYSEAMERICAN:GPUS) Chairman Milton C. Ault III acquired 50,000 shares of the business’s stock in a transaction dated Monday, September 30th. The stock was bought at an average cost of $0.23 per share, with a total value of $11,500.00. Following the acquisition, the chairman now owns 204,729 shares in the company, valued at approximately $47,087.67. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Hyperscale Data Trading Up 2.5 %

Shares of GPUS stock opened at $0.22 on Friday. Hyperscale Data, Inc. has a one year low of $0.18 and a one year high of $15.75. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.23 and a quick ratio of 0.19.

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

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.