In recent trading session, Hut 8 Corp (NASDAQ:HUT) saw 1.27 million shares changing hands at last check today with its beta currently measuring 3.38. Company’s recent per share price level of $12.98 trading at $0.08 or 0.58% at last check today assigns it a market valuation of $1.18B. That most recent trading price of HUT’s stock is at a discount of -62.56% from its 52-week high price of $21.10 and is indicating a premium of 52.39% from its 52-week low price of $6.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.4 million shares which gives us an average trading volume of 4.30 million if we extend that period to 3-months.
For Hut 8 Corp (HUT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 12 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.46 in the current quarter.
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Hut 8 Corp (NASDAQ:HUT) trade information
Upright in the green today for gaining 0.58%, in the last five days HUT remained trading in the green while hitting it’s week-highest on Thursday, 10/17/24 when the stock touched $12.98 price level, adding 1.67% to its value on the day. Hut 8 Corp’s shares saw a change of -2.74% in year-to-date performance and have moved 16.68% in past 5-day. Hut 8 Corp (NASDAQ:HUT) showed a performance of 17.74% in past 30-days. Number of shares sold short was 15.8 million shares which calculate 3.86 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a rise of 7.29% to its recent value today. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would jump 38.37% in reaching the projected high whereas dropping to the targeted low would mean a gain of 38.37% for stock’s current value.
Hut 8 Corp (HUT) estimates and forecasts
This year revenue growth is estimated to rise 143.80% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 55.35M for the same. And 5 analysts are in estimates of company making revenue of 56.47M in the next quarter. Company posted 17.05M and 40.03M of sales in current and next quarters respectively a year earlier.
Hut 8 Corp (NASDAQ:HUT)’s Major holders
Insiders are in possession of 60.15% of company’s total shares while institution are holding 57.02 percent of that, with stock having share float percentage of 143.09%. Investors also watch the number of corporate investors in a company very closely, which is 57.02% institutions for Hut 8 Corp that are currently holding shares of the company. YOUR ADVOCATES LTD., LLP is the top institutional holder at HUT for having 2000.0 shares of worth $29980.0. And as of 2024-06-30, it was holding 0.0023 of the company’s outstanding shares.
