HIVE Digital Technologies Ltd (HIVE) concluded trading on Wednesday at a closing price of $4.07, with 7.87 million shares of worth about $32.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 79.30% during that period and on November 06, 2024 the price saw a gain of about 11.81%. Currently the company’s common shares owned by public are about 118.72M shares, out of which, 118.21M shares are available for trading.
Stock saw a price change of -4.68% in past 5 days and over the past one month there was a price change of 35.22%. Year-to-date (YTD), HIVE shares are showing a performance of -10.15% which increased to 22.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.18 but also hit the highest price of $5.74 during that period. The average intraday trading volume for HIVE Digital Technologies Ltd shares is 3.47 million. The stock is currently trading 11.43% above its 20-day simple moving average (SMA20), while that difference is up 23.79% for SMA50 and it goes to 27.17% higher than SMA200.
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HIVE Digital Technologies Ltd (NASDAQ: HIVE) currently have 118.72M outstanding shares and institutions hold larger chunk of about 23.12% of that.
The stock has a current market capitalization of $671.71M and its 3Y-monthly beta is at 3.92. It has posted earnings per share of -$0.37 in the same period. It has Quick Ratio of 7.35 while making debt-to-equity ratio of 0.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HIVE, volatility over the week remained 9.29% while standing at 7.62% over the month.
Stock’s fiscal year EPS is expected to rise by 55.79% while it is estimated to increase by 205.82% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on October 29, 2024 offering an Overweight rating for the stock and assigned a target price of $9 to it. Coverage by Northland Capital stated HIVE Digital Technologies Ltd (HIVE) stock as an Outperform in their note to investors on September 19, 2024, suggesting a price target of $5.50 for the stock. On August 15, 2024, H.C. Wainwright Upgrade their recommendations, while on July 19, 2024, B. Riley Securities Initiated their ratings for the stock with a price target of $6. Stock get a Neutral rating from H.C. Wainwright on November 20, 2023.
