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HIVE Digital Technologies Ltd (HIVE) Stock Could Soon Reward Patient Investors

HIVE Digital Technologies Ltd (NASDAQ: HIVE) is -3.97% 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 $4.10 in the last trading session, with the day’s gains setting it 0.25%.

Currently trading at $4.35, the stock is 1.09% and 13.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.81 million and changing 6.10% at the moment leaves the stock 32.73% off its SMA200. HIVE registered 12.99% gain for a year compared to 6-month gain of 55.36%. The firm has a 50-day simple moving average (SMA 50) of $3.8288 and a 200-day simple moving average (SMA200) of $3.2774.

The stock witnessed a 6.88% loss in the last 1 month and extending the period to 3 months gives it a 56.47%, and is 6.62% 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 8.32% over the week and 9.86% over the month.

HIVE Digital Technologies Ltd (HIVE) has around 20 employees, a market worth around $561.32M and $123.02M in sales. Fwd P/E is 135.94. Profit margin for the company is -12.04%. Distance from 52-week low is 99.54% and -24.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.00%).

with sales reaching $27.94M over the same period.The EPS is expected to grow by 56.84% this year, but quarterly earnings will post 0.65% year-over-year. Quarterly sales are estimated to shrink -10.61% in year-over-year returns.

HIVE Digital Technologies Ltd (HIVE) Top Institutional Holders

127.0 institutions hold shares in HIVE Digital Technologies Ltd (HIVE), with institutional investors hold 23.33% of the company’s shares. The shares outstanding are 129.04M, and float is at 128.36M with Short Float at 4.23%. Institutions hold 23.23% of the Float.

HIVE Digital Technologies Ltd (HIVE) Insider Activity

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