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 10.63% and -13.20% over the past three months. HUT shares are trading -16.20% year to date (YTD), with the 12-month market performance up to 94.45% higher. It has a 12-month low price of $8.53 and touched a high of $31.95 over the same period. HUT has an average intraday trading volume of 5.57 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 22.47%, 32.94%, and 2.90% respectively.
Institutional ownership of Hut 8 Corp (NASDAQ: HUT) shares accounts for 59.84% of the company’s 104.15M shares outstanding.
It has a market capitalization of $1.79B and a beta (3y monthly) value of 3.98. 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 7.60% over the week and 7.47% over the month.
Earnings per share for the fiscal year are expected to decrease by -144.21%, and 95.05% over the next financial year.
Looking at the support for the HUT, a number of firms have released research notes about the stock. B. Riley Securities stated their Buy rating for the stock in a research note on May 14, 2025, with the firm’s price target at $25. Maxim Group coverage for the Hut 8 Corp (HUT) stock in a research note released on May 01, 2025 offered a Buy rating with a price target of $20. Northland Capital was of a view on April 21, 2025 that the stock is Outperform, while BTIG Research gave the stock Buy rating on April 14, 2025, issuing a price target of $18. Rosenblatt on their part issued Buy rating on March 07, 2025.
