Hut 8 Corp (HUT) concluded trading on Wednesday at a closing price of $12.59, with 9.63 million shares of worth about $121.25 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.42% during that period and on April 09, 2025 the price saw a gain of about 13.63%. Currently the company’s common shares owned by public are about 99.48M shares, out of which, 92.16M shares are available for trading.
Stock saw a price change of -5.97% in past 5 days and over the past one month there was a price change of 5.98%. Year-to-date (YTD), HUT shares are showing a performance of -38.56% which increased to 39.89% 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 4.90 million. The stock is currently trading 0.90% above its 20-day simple moving average (SMA20), while that difference is down -19.19% for SMA50 and it goes to -26.44% lower than SMA200.
Hut 8 Corp (NASDAQ: HUT) currently have 99.48M outstanding shares and institutions hold larger chunk of about 58.81% of that.
The stock has a current market capitalization of $1.31B and its 3Y-monthly beta is at 3.85. PE ratio of stock for trailing 12 months is 3.68, 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 17.02% while standing at 9.53% over the month.
Analysts are in expectations that Hut 8 Corp (HUT) stock would likely to be making an EPS of -0.2 in the current quarter, while forecast for next quarter EPS is -0.07 and it is 0.25 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.2 which is -0.2 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 2.87 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -107.53% while it is estimated to increase by 266.50% in next year. EPS is likely to shrink at an annualized rate of -28.15% 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.
