During the last session, HIVE Digital Technologies Ltd. (NASDAQ:HIVE)’s traded shares were 1.57 million, with the beta value of the company hitting 3.60. The 52-week high for the HIVE share is $6.84, that puts it down -122.8 from that peak though still a striking 17.26% gain since the share price plummeted to a 52-week low of $2.54. The company’s market capitalization is $321.12M, and the average trade volume was 2.86 million shares over the past three months.
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) trade information
The stock’s 5-day price performance is 18.08%, and it has moved by -2.54% in 30 days. Based on these gigs, the overall price performance for the year is -2.54%.
HIVE Digital Technologies Ltd. (HIVE) estimates and forecasts
Statistics show that HIVE Digital Technologies Ltd. has outperformed its competitors in share price, compared to the industry in which it operates. HIVE Digital Technologies Ltd. (HIVE) shares have gone down -9.97% during the last six months, with a year-to-date growth rate more than the industry average at 66.45% against 9.80. In the rating firms’ projections, revenue will increase 5.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 34.68M as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 24.1M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 18.22M and 22.1M respectively. In this case, analysts expect current quarter sales to grow by 90.30% and then jump by 9.00% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -32.45%. While earnings are projected to return 76.24% in 2024.
HIVE Dividends
HIVE Digital Technologies Ltd. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
