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

HIVE Digital Technologies Ltd (NASDAQ: HIVE) is -30.91% 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 $3.14 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $3.13, the stock is -19.55% and -20.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.66 million and changing -0.32% at the moment leaves the stock -4.37% off its SMA200. HIVE registered -24.76% loss for a year compared to 6-month gain of 6.83%. The firm has a 50-day simple moving average (SMA 50) of $3.9558 and a 200-day simple moving average (SMA200) of $3.27305.

The stock witnessed a -24.76% loss in the last 1 month and extending the period to 3 months gives it a 0.00%, and is -17.85% 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 10.15% over the week and 8.93% over the month.

HIVE Digital Technologies Ltd (HIVE) has around 20 employees, a market worth around $403.90M and $123.02M in sales. Profit margin for the company is -12.04%. Distance from 52-week low is 43.58% and -45.47% 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 57.31% this year.

HIVE Digital Technologies Ltd (HIVE) Top Institutional Holders

127.0 institutions hold shares in HIVE Digital Technologies Ltd (HIVE), with institutional investors hold 22.57% of the company’s shares. The shares outstanding are 129.04M, and float is at 128.41M with Short Float at 4.23%. Institutions hold 22.48% of the Float.

HIVE Digital Technologies Ltd (HIVE) Insider Activity

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