Currently, there are 99.48M common shares owned by the public and among those 92.16M shares have been available to trade.
The company’s stock has a 5-day price change of -2.56% and -54.86% over the past three months. HUT shares are trading -42.46% year to date (YTD), with the 12-month market performance up to 49.62% higher. It has a 12-month low price of $7.67 and touched a high of $31.95 over the same period. HUT has an average intraday trading volume of 4.92 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 -1.59%, -16.00%, and -30.56% respectively.
Institutional ownership of Hut 8 Corp (NASDAQ: HUT) shares accounts for 58.98% of the company’s 99.48M shares outstanding.
It has a market capitalization of $1.22B and a beta (3y monthly) value of 4.03. The stock’s trailing 12-month PE ratio is 3.45, while the earnings-per-share (ttm) stands at $3.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.46% over the week and 9.80% over the month.
Earnings per share for the fiscal year are expected to decrease by -108.55%, and 219.79% over the next financial year. EPS should shrink at an annualized rate of -28.15% over the next five years, compared to 105.42% over the past 5-year period.
Looking at the support for the HUT, a number of firms have released research notes about the stock. Northland Capital stated their Outperform rating for the stock in a research note on April 21, 2025, with the firm’s price target at $20. BTIG Research coverage for the Hut 8 Corp (HUT) stock in a research note released on April 14, 2025 offered a Buy rating with a price target of $18. Piper Sandler on their part issued Overweight rating on December 17, 2024.
