HIVE Digital Technologies Ltd. (NASDAQ: HIVE) is -8.39% lower on its value in year-to-date trading and has touched a low of $2.18 and a high of $5.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HIVE stock was last observed hovering at around $3.66 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $4.15, the stock is 23.86% and 41.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.04 million and changing 13.39% at the moment leaves the stock 26.80% off its SMA200. HIVE registered -28.20% loss for a year compared to 6-month gain of 30.91%.
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The stock witnessed a 25.76% loss in the last 1 month and extending the period to 3 months gives it a 59.62%, and is 17.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.73% over the week and 9.52% over the month.
HIVE Digital Technologies Ltd. (HIVE) has around 20 employees, a market worth around $434.09M and $114.47M in sales. Profit margin for the company is -44.73%. Distance from 52-week low is 90.37% and -30.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.44%).
The EPS is expected to grow by 27.49% this year.
HIVE Digital Technologies Ltd. (HIVE) Top Institutional Holders
The shares outstanding are 106.08M, and float is at 104.09M with Short Float at 5.24%.