Hut 8 Corp (HUT) concluded trading on Wednesday at a closing price of $12.66, with 5.08 million shares of worth about $64.27 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.97% during that period and on May 07, 2025 the price saw a loss of about -0.78%. 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 2.84% in past 5 days and over the past one month there was a price change of 10.76%. Year-to-date (YTD), HUT shares are showing a performance of -38.21% which increased to 53.08% 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 4.87 million. The stock is currently trading 2.41% above its 20-day simple moving average (SMA20), while that difference is down -0.12% for SMA50 and it goes to -24.25% lower than SMA200.
Hut 8 Corp (NASDAQ: HUT) currently have 99.48M outstanding shares and institutions hold larger chunk of about 60.17% of that.
The stock has a current market capitalization of $1.31B and its 3Y-monthly beta is at 3.94. PE ratio of stock for trailing 12 months is 3.70, 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 5.60% while standing at 7.82% over the month.
Stock’s fiscal year EPS is expected to drop by -108.24% while it is estimated to increase by 207.71% 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 Maxim Group on May 01, 2025 offering a Buy rating for the stock and assigned a target price of $20 to it. Coverage by Northland Capital stated Hut 8 Corp (HUT) stock as an Outperform in their note to investors on April 21, 2025, suggesting a price target of $20 for the stock. On April 14, 2025, BTIG Research Initiated their recommendations, while on March 07, 2025, Rosenblatt Initiated their ratings for the stock with a price target of $23. Stock get an Outperform rating from Keefe Bruyette on January 08, 2025.
