HIVE Digital Technologies Ltd. (NASDAQ: HIVE) is -19.87% 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 $3.78 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $3.63, the stock is 9.16% and 13.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.09 million and changing -3.97% at the moment leaves the stock 14.11% off its SMA200. HIVE registered 9.01% gain for a year compared to 6-month gain of 19.02%. The firm has a 50-day simple moving average (SMA 50) of $3.1922 and a 200-day simple moving average (SMA200) of $3.1812.
The stock witnessed a 6.45% loss in the last 1 month and extending the period to 3 months gives it a -1.63%, and is -4.72% 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 7.61% over the week and 6.53% over the month.
HIVE Digital Technologies Ltd. (HIVE) has around 20 employees, a market worth around $430.95M and $123.14M in sales. Fwd P/E is 66.00. Profit margin for the company is -25.74%. Distance from 52-week low is 66.51% and -36.76% 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 62.28% this year, but quarterly earnings will post 2.90% year-over-year.
HIVE Digital Technologies Ltd. (HIVE) Top Institutional Holders
114.0 institutions hold shares in HIVE Digital Technologies Ltd. (HIVE), with institutional investors hold 26.27% of the company’s shares. The shares outstanding are 118.72M, and float is at 118.21M with Short Float at 4.59%. Institutions hold 26.17% of the Float.
HIVE Digital Technologies Ltd. (HIVE) Insider Activity
#####
