HIVE Digital Technologies Ltd. (NASDAQ: HIVE) is -30.02% 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 $3.10 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $3.17, the stock is 3.24% and 1.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing 2.26% at the moment leaves the stock -3.17% off its SMA200. HIVE registered 7.09% gain for a year compared to 6-month loss of -0.31%. The firm has a 50-day simple moving average (SMA 50) of $3.1024 and a 200-day simple moving average (SMA200) of $3.27045.
The stock witnessed a 15.27% gain in the last 1 month and extending the period to 3 months gives it a -7.31%, and is -5.37% down 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 6.09% over the week and 6.54% over the month.
HIVE Digital Technologies Ltd. (HIVE) has around 20 employees, a market worth around $376.25M and $123.14M in sales. Fwd P/E is 105.67. Profit margin for the company is -25.74%. Distance from 52-week low is 45.41% and -44.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.92%).
with sales reaching $25.69M over the same period.The EPS is expected to grow by 62.72% this year, but quarterly earnings will post 2.90% year-over-year.
HIVE Digital Technologies Ltd. (HIVE) Top Institutional Holders
112.0 institutions hold shares in HIVE Digital Technologies Ltd. (HIVE), with institutional investors hold 25.77% 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 25.66% of the Float.
HIVE Digital Technologies Ltd. (HIVE) Insider Activity
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