HIVE Digital Technologies Ltd. (NASDAQ: HIVE) is -26.05% 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 $3.41 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $3.35, the stock is 10.85% and 4.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing -1.76% at the moment leaves the stock 2.00% off its SMA200. HIVE registered 12.04% gain for a year compared to 6-month loss of -0.59%. The firm has a 50-day simple moving average (SMA 50) of $3.2084 and a 200-day simple moving average (SMA200) of $3.28445.
The stock witnessed a 8.06% gain in the last 1 month and extending the period to 3 months gives it a 8.77%, and is 7.72% 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 5.83% over the week and 6.94% over the month.
HIVE Digital Technologies Ltd. (HIVE) has around 20 employees, a market worth around $397.61M and $123.14M in sales. Fwd P/E is 111.67. Profit margin for the company is -25.74%. Distance from 52-week low is 53.67% and -41.64% 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 25.74% of the company’s shares. The shares outstanding are 118.69M, and float is at 118.17M with Short Float at 5.15%. Institutions hold 25.64% of the Float.
HIVE Digital Technologies Ltd. (HIVE) Insider Activity
#####
