Why should you keep an eye on HIVE Digital Technologies Ltd. (HIVE)?

HIVE Digital Technologies Ltd. (NASDAQ: HIVE) is -30.91% lower on its value in year-to-date trading and has touched a low of $2.18 and a high of $5.74 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 $3.11 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $3.13, the stock is 2.76% and -4.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.97 million and changing 0.64% at the moment leaves the stock -5.10% off its SMA200. HIVE registered 3.99% gain for a year compared to 6-month gain of 2.62%.

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The stock witnessed a -0.95% loss in the last 1 month and extending the period to 3 months gives it a 6.83%, and is 5.74% 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 5.75% over the week and 7.56% over the month.

HIVE Digital Technologies Ltd. (HIVE) has around 20 employees, a market worth around $371.50M and $123.14M in sales. Fwd P/E is 104.33. Profit margin for the company is -25.74%. Distance from 52-week low is 43.58% and -45.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.92%).

with sales reaching $26.73M over the same period.The EPS is expected to grow by 62.72% this year, but quarterly earnings will post 4.70% year-over-year.

HIVE Digital Technologies Ltd. (HIVE) Top Institutional Holders

115.0 institutions hold shares in HIVE Digital Technologies Ltd. (HIVE), with institutional investors hold 25.75% of the company’s shares. The shares outstanding are 118.69M, and float is at 118.17M with Short Float at 4.01%. Institutions hold 25.64% of the Float.