Currently, there are 129.04M common shares owned by the public and among those 128.42M shares have been available to trade.
The company’s stock has a 5-day price change of -6.87% and -6.87% over the past three months. HIVE shares are trading -35.65% year to date (YTD), with the 12-month market performance down to -45.41% lower. It has a 12-month low price of $2.18 and touched a high of $5.66 over the same period. HIVE has an average intraday trading volume of 6.46 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -20.16%, -25.72%, and -10.83% respectively.
Institutional ownership of HIVE Digital Technologies Ltd (NASDAQ: HIVE) shares accounts for 23.16% of the company’s 129.04M shares outstanding.
It has a market capitalization of $376.15M and a beta (3y monthly) value of 3.96. The earnings-per-share (ttm) stands at -$0.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.65% over the week and 7.88% over the month.
Earnings per share for the fiscal year are expected to increase by 57.31%, and 51.51% over the next financial year.
Looking at the support for the HIVE, a number of firms have released research notes about the stock. ROTH MKM stated their Buy rating for the stock in a research note on December 19, 2024, with the firm’s price target at $7.50. Cantor Fitzgerald coverage for the HIVE Digital Technologies Ltd (HIVE) stock in a research note released on October 29, 2024 offered a Overweight rating with a price target of $9. B. Riley Securities on their part issued Buy rating on July 19, 2024.
