Currently, there are 104.15M common shares owned by the public and among those 92.46M shares have been available to trade.
The company’s stock has a 5-day price change of 21.63% and -25.42% over the past three months. HUT shares are trading -24.26% year to date (YTD), with the 12-month market performance up to 89.50% 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 5.04 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 22.05%, 22.55%, and -6.73% respectively.
Institutional ownership of Hut 8 Corp (NASDAQ: HUT) shares accounts for 60.23% of the company’s 104.15M shares outstanding.
It has a market capitalization of $1.62B and a beta (3y monthly) value of 3.94. The earnings-per-share (ttm) stands at -$0.56. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.87% over the week and 7.32% over the month.
Earnings per share for the fiscal year are expected to decrease by -134.40%, and 119.33% over the next financial year.
Looking at the support for the HUT, a number of firms have released research notes about the stock. Maxim Group stated their Buy rating for the stock in a research note on May 01, 2025, with the firm’s price target at $20. Northland Capital coverage for the Hut 8 Corp (HUT) stock in a research note released on April 21, 2025 offered a Outperform rating with a price target of $20. BTIG Research was of a view on April 14, 2025 that the stock is Buy, while Rosenblatt gave the stock Buy rating on March 07, 2025, issuing a price target of $23. Keefe Bruyette on their part issued Outperform rating on January 08, 2025.
