In the last trading session, 0.14 million Digihost Technology Inc (NASDAQ:DGHI) shares changed hands as the company’s beta touched 5.34. With the company’s per share price at $1.81 changed hands at $0.19 or 11.73% during last session, the market valuation stood at $60.96M. DGHI’s last price was a discount, traded about -40.33% off its 52-week high of $2.54. The share price had its 52-week low at $0.84, which suggests the last value was 53.59% up since then. When we look at Digihost Technology Inc’s average trading volume, we note the 10-day average is 0.38 million shares, with the 3-month average coming to 222.13K.
Digihost Technology Inc (NASDAQ:DGHI) trade information
Instantly DGHI was in green as seen at the end of in last trading. With action -1.09%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -20.96%, with the 5-day performance at -1.09% in the red. However, in the 30-day time frame, Digihost Technology Inc (NASDAQ:DGHI) is -12.14% down. Looking at the short shares, we see there were 0.23 million shares sold at short interest cover period of 1.47 days.
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The consensus price target for the stock as assigned by Wall Street analysts is 2.5, meaning bulls need an upside of 27.6% from its current market value. According to analyst projections, DGHI’s forecast low is 2.5 with 2.5 as the target high. To hit the forecast high, the stock’s price needs a -38.12% plunge from its current level, while the stock would need to soar -38.12% for it to hit the projected low.
Digihost Technology Inc (DGHI) estimates and forecasts
Data shows that the Digihost Technology Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 40.31% over the past 6 months, a 41.07% in annual growth rate that is considerably higher than the industry average of 16.10%. Year-over-year growth is forecast to reach 58.45% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 12.19M. The company’s revenue for the corresponding quarters a year ago was 14.64M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -16.74%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 52.23%. The 2024 estimates are for Digihost Technology Inc earnings to increase by 57.14%.
DGHI Dividends
Digihost Technology Inc is expected to release its next quarterly earnings report in January.
Digihost Technology Inc (NASDAQ:DGHI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 29.65% of Digihost Technology Inc shares while 10.25% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 14.57%. There are 10.25% institutions holding the Digihost Technology Inc stock share, with VIDENT ADVISORY, LLC the top institutional holder. As of 2024-06-30, the company held 2.7283% of the shares, roughly 0.8 million DGHI shares worth $1.02 million.
JANE STREET GROUP, LLC holds the second largest percentage of outstanding shares, with 0.143% or 41823.0 shares worth $55646.0 as of 2024-06-30.
