Currently, there are 129.04M common shares owned by the public and among those 128.29M shares have been available to trade.
The company’s stock has a 5-day price change of -12.84% and -7.30% over the past three months. HIVE shares are trading 2.46% year to date (YTD), with the 12-month market performance down to -28.08% lower. It has a 12-month low price of $2.18 and touched a high of $5.54 over the same period. HIVE has an average intraday trading volume of 7.52 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 -8.71%, -22.63%, and -10.65% respectively.
Institutional ownership of HIVE Digital Technologies Ltd (NASDAQ: HIVE) shares accounts for 23.39% of the company’s 129.04M shares outstanding.
It has a market capitalization of $376.80M and a beta (3y monthly) value of 4.04. 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 6.64% over the week and 7.56% over the month.
Analysts forecast that HIVE Digital Technologies Ltd (HIVE) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 58.19%, and 47.97% over the next financial year.
ROTH MKM coverage for the HIVE Digital Technologies Ltd (HIVE) stock in a research note released on December 19, 2024 offered a Buy rating with a price target of $7.50. Cantor Fitzgerald was of a view on October 29, 2024 that the stock is Overweight, while Northland Capital gave the stock Outperform rating on September 19, 2024, issuing a price target of $5.50. H.C. Wainwright on their part issued Buy rating on August 15, 2024.
