Hut 8 Corp (HUT) concluded trading on Wednesday at a closing price of $26.26, with 6.1 million shares of worth about $160.08 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 25.47% during that period and on January 15, 2025 the price saw a gain of about 10.06%. Currently the company’s common shares owned by public are about 93.51M shares, out of which, 83.36M shares are available for trading.
Stock saw a price change of 5.67% in past 5 days and over the past one month there was a price change of -3.88%. Year-to-date (YTD), HUT shares are showing a performance of 28.16% which increased to 165.25% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.18 but also hit the highest price of $31.95 during that period. The average intraday trading volume for Hut 8 Corp shares is 7.19 million. The stock is currently trading 8.52% above its 20-day simple moving average (SMA20), while that difference is up 8.38% for SMA50 and it goes to 76.15% higher than SMA200.
Hut 8 Corp (NASDAQ: HUT) currently have 93.51M outstanding shares and institutions hold larger chunk of about 57.76% of that.
The stock has a current market capitalization of $2.46B and its 3Y-monthly beta is at 3.64. PE ratio of stock for trailing 12 months is 13.09, while it has posted earnings per share of $2.01 in the same period. It has Quick Ratio of 1.00 while making debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HUT, volatility over the week remained 7.04% while standing at 9.56% over the month.
Analysts are in expectations that Hut 8 Corp (HUT) stock would likely to be making an EPS of -0.1 in the current quarter, while forecast for next quarter EPS is -0.14 and it is 0.07 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.19 which is 0.06 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 141.42% while it is estimated to decrease by -93.52% in next year.
Coverage by Piper Sandler stated Hut 8 Corp (HUT) stock as an Overweight in their note to investors on December 17, 2024, suggesting a price target of $33 for the stock. On December 09, 2024, Cantor Fitzgerald Initiated their recommendations, while on August 14, 2024, H.C. Wainwright Upgrade their ratings for the stock with a price target of $13.50. Stock get a Buy rating from Craig Hallum on May 16, 2024.
