Hut 8 Corp (HUT) concluded trading on Thursday at a closing price of $12.46, with 2.45 million shares of worth about $30.54 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.32% during that period and on March 27, 2025 the price saw a loss of about -3.63%. Currently the company’s common shares owned by public are about 99.48M shares, out of which, 92.43M shares are available for trading.
Stock saw a price change of -3.56% in past 5 days and over the past one month there was a price change of -16.60%. Year-to-date (YTD), HUT shares are showing a performance of -39.19% which increased to 32.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.95 but also hit the highest price of $31.95 during that period. The average intraday trading volume for Hut 8 Corp shares is 4.72 million. The stock is currently trading -4.63% below its 20-day simple moving average (SMA20), while that difference is down -30.25% for SMA50 and it goes to -27.09% lower than SMA200.
Hut 8 Corp (NASDAQ: HUT) currently have 99.48M outstanding shares and institutions hold larger chunk of about 58.85% of that.
The stock has a current market capitalization of $1.29B and its 3Y-monthly beta is at 3.85. PE ratio of stock for trailing 12 months is 3.65, 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 5.11% while standing at 8.86% over the month.
Stock’s fiscal year EPS is expected to drop by -104.79% while it is estimated to increase by 461.83% in next year. EPS is likely to shrink at an annualized rate of -27.67% for next 5-years, compared to annual growth of 105.42% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Rosenblatt on March 07, 2025 offering a Buy rating for the stock and assigned a target price of $23 to it. On December 17, 2024, Piper Sandler Initiated their recommendations, while on December 09, 2024, Cantor Fitzgerald Initiated their ratings for the stock with a price target of $35. Stock get a Buy rating from H.C. Wainwright on August 14, 2024.
