Hut 8 Corp (HUT) concluded trading on Thursday at a closing price of $13.41, with 4.54 million shares of worth about $60.82 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 47.52% during that period and on March 06, 2025 the price saw a loss of about -10.12%. Currently the company’s common shares owned by public are about 99.48M shares, out of which, 83.35M shares are available for trading.
Stock saw a price change of -6.94% in past 5 days and over the past one month there was a price change of -37.83%. Year-to-date (YTD), HUT shares are showing a performance of -34.55% which increased to 60.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.77 but also hit the highest price of $31.95 during that period. The average intraday trading volume for Hut 8 Corp shares is 5.67 million. The stock is currently trading -24.04% below its 20-day simple moving average (SMA20), while that difference is down -36.27% for SMA50 and it goes to -20.39% lower than SMA200.
Hut 8 Corp (NASDAQ: HUT) currently have 99.48M outstanding shares and institutions hold larger chunk of about 65.24% of that.
The stock has a current market capitalization of $1.26B and its 3Y-monthly beta is at 3.84. PE ratio of stock for trailing 12 months is 3.92, while it has posted earnings per share of $3.42 in the same period. It has Quick Ratio of 1.67 while making debt-to-equity ratio of 0.35. 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 12.66% while standing at 8.89% over the month.
Stock’s fiscal year EPS is expected to drop by -106.15% while it is estimated to increase by 347.26% in next year. EPS is likely to shrink at an annualized rate of -10.02% for next 5-years, compared to annual growth of 105.42% made by the stock over the past 5-years.
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.
