Hut 8 Corp (HUT) concluded trading on Wednesday at a closing price of $12.31, with 4.55 million shares of worth about $55.96 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.38% during that period and on April 30, 2025 the price saw a loss of about -5.67%. 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 0.41% in past 5 days and over the past one month there was a price change of 5.94%. Year-to-date (YTD), HUT shares are showing a performance of -39.92% which increased to 39.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.67 but also hit the highest price of $31.95 during that period. The average intraday trading volume for Hut 8 Corp shares is 4.78 million. The stock is currently trading 2.18% above its 20-day simple moving average (SMA20), while that difference is down -6.30% for SMA50 and it goes to -27.06% lower than SMA200.
Hut 8 Corp (NASDAQ: HUT) currently have 99.48M outstanding shares and institutions hold larger chunk of about 58.92% of that.
The stock has a current market capitalization of $1.28B and its 3Y-monthly beta is at 4.16. PE ratio of stock for trailing 12 months is 3.60, 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 6.43% while standing at 9.97% over the month.
Analysts are in expectations that Hut 8 Corp (HUT) stock would likely to be making an EPS of -0.57 in the current quarter, while forecast for next quarter EPS is -0.13 and it is -0.08 for next year. For the current quarter EPS, analysts have given the company a lowest target -1.21 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 -108.24% while it is estimated to increase by 206.88% in next year.
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 Northland Capital on April 21, 2025 offering an Outperform rating for the stock and assigned a target price of $20 to it. Coverage by BTIG Research stated Hut 8 Corp (HUT) stock as a Buy in their note to investors on April 14, 2025, suggesting a price target of $18 for the stock. Stock get an Overweight rating from Piper Sandler on December 17, 2024.
