Hut 8 Corp (NASDAQ:HUT) has a beta value of 3.00 and has seen 1.39 million shares traded in the last trading session. The company, currently valued at $786.20M, closed the last trade at $8.81 per share which meant it lost -$0.05 on the day or -0.56% during that session. The HUT stock price is -158.23% off its 52-week high price of $22.75 and 29.85% above the 52-week low of $6.18. The 3-month trading volume is 4.51 million shares.

Hut 8 Corp (NASDAQ:HUT) trade information

Sporting -0.56% in the red in last session, the stock has traded in the green over the last five days, when the HUT stock price touched $8.81 or saw a rise of 10.47%. Year-to-date, Hut 8 Corp shares have moved -33.96%, while the 5-day performance has seen it change 9.44%. Over the past 30 days, the shares of Hut 8 Corp (NASDAQ:HUT) have changed -10.65%.

Hut 8 Corp (HUT) estimates and forecasts

The company’s shares have lost -23.39% over the past 6 months, compared to 9.20% for the industry. Revenue growth from the last financial year stood is estimated to be 126.00%.

4 analysts offering their estimates for the company have set an average revenue estimate of $65.07 million for the current quarter. 4 have an estimated revenue figure of $54.27 million for the next quarter concluding in Jun 2024. Year-ago sales stood $21.2 million and $19.18 million respectively for this quarter and the next, and analysts expect sales will grow by 206.90% for the current quarter and 182.90% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 9.00% over the past 5 years.

HUT Dividends

Hut 8 Corp is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.