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

HIVE Digital Technologies Ltd (NASDAQ: HIVE) is -16.49% lower on its value in year-to-date trading and has touched a low of $2.18 and a high of $5.54 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 $2.49 in the last trading session, with the day’s loss setting it -0.11%.

Currently trading at $2.38, the stock is -14.89% and -22.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.27 million and changing -4.42% at the moment leaves the stock -27.13% off its SMA200. HIVE registered -41.67% loss for a year compared to 6-month loss of -28.10%..

The stock witnessed a -23.47% gain in the last 1 month and extending the period to 3 months gives it a -44.52%, and is -16.49% 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 6.36% over the week and 6.60% over the month.

HIVE Digital Technologies Ltd (HIVE) has around 20 employees, a market worth around $369.85M and $121.00M in sales. Profit margin for the company is -5.45%. Distance from 52-week low is 9.17% and -57.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.47%).

The EPS is expected to grow by 72.98% this year.

HIVE Digital Technologies Ltd (HIVE) Top Institutional Holders

The shares outstanding are 155.40M, and float is at 154.48M with Short Float at 2.75%.

HIVE Digital Technologies Ltd (HIVE) Insider Activity

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