HIVE Digital Technologies Ltd (NASDAQ: HIVE) is -4.97% 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 $4.67 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $4.30, the stock is 4.75% and 22.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.33 million and changing -7.82% at the moment leaves the stock 32.62% off its SMA200. HIVE registered 51.05% gain for a year compared to 6-month gain of 75.71%. The firm has a 50-day simple moving average (SMA 50) of $3.5052 and a 200-day simple moving average (SMA200) of $3.2462.
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The stock witnessed a 24.78% loss in the last 1 month and extending the period to 3 months gives it a 41.15%, and is -4.76% 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 11.97% over the week and 9.62% over the month.
HIVE Digital Technologies Ltd (HIVE) has around 20 employees, a market worth around $781.55M and $123.02M in sales. Fwd P/E is 79.72. Profit margin for the company is -12.04%. Distance from 52-week low is 97.48% and -25.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.00%).
The EPS is expected to grow by 55.79% this year
119.0 institutions hold shares in HIVE Digital Technologies Ltd (HIVE), with institutional investors hold 22.49% 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 22.41% of the Float.
