Currently, there are 155.40M common shares owned by the public and among those 154.63M shares have been available to trade.
The company’s stock has a 5-day price change of -7.37% and -57.07% over the past three months. HIVE shares are trading -38.25% year to date (YTD), with the 12-month market performance down to -48.08% lower. It has a 12-month low price of $1.69 and touched a high of $5.54 over the same period. HIVE has an average intraday trading volume of 10.27 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 -23.14%, -35.30%, and -45.69% respectively.
Institutional ownership of HIVE Digital Technologies Ltd (NASDAQ: HIVE) shares accounts for 20.67% of the company’s 155.40M shares outstanding.
It has a market capitalization of $273.50M and a beta (3y monthly) value of 4.77. The earnings-per-share (ttm) stands at -$0.06. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.66% over the week and 8.12% over the month.
Earnings per share for the fiscal year are expected to increase by 72.98%, and 134.98% over the next financial year.
Looking at the support for the HIVE, a number of firms have released research notes about the stock. Rosenblatt stated their Buy rating for the stock in a research note on March 07, 2025, with the firm’s price target at $6. ROTH MKM was of a view on December 19, 2024 that the stock is Buy, while Cantor Fitzgerald gave the stock Overweight rating on October 29, 2024, issuing a price target of $9. Northland Capital on their part issued Outperform rating on September 19, 2024.
