Digihost Technology Inc (NASDAQ:DGHI) Is Now 45.45% Above Its 52-Week Low. How Long Will It Continue To Rise?

In last trading session, Digihost Technology Inc (NASDAQ:DGHI) saw 0.13 million shares changing hands with its beta currently measuring 5.37. Company’s recent per share price level of $1.54 trading at -$0.08 or -4.94% at ring of the bell on the day assigns it a market valuation of $51.87M. That closing price of DGHI’s stock is at a discount of -45.45% from its 52-week high price of $2.24 and is indicating a premium of 45.45% from its 52-week low price of $0.84. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.2 million shares which gives us an average trading volume of 243.85K if we extend that period to 3-months.

Digihost Technology Inc (NASDAQ:DGHI) trade information

Upright in the red during last session for losing -4.94%, in the last five days DGHI remained trading in the green while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $1.54 price level, adding 11.49% to its value on the day. Digihost Technology Inc’s shares saw a change of 2.67% in year-to-date performance and have moved 2.67% in past 5-day. Digihost Technology Inc (NASDAQ:DGHI) showed a performance of -21.43% in past 30-days. Number of shares sold short was 0.23 million shares which calculate 1.47 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2.5 to the stock, which implies a rise of 38.4% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 2.5. It follows that stock’s current price would drop -62.34% in reaching the projected high whereas dropping to the targeted low would mean a loss of -62.34% for stock’s current value.

Digihost Technology Inc (DGHI) estimates and forecasts

Statistics highlight that Digihost Technology Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 15.79% of value to its shares in past 6 months, showing an annual growth rate of 41.07% while that of industry is 15.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 52.23% during past 5 years.

Digihost Technology Inc (NASDAQ:DGHI)’s Major holders

Insiders are in possession of 29.65% of company’s total shares while institution are holding 10.25 percent of that, with stock having share float percentage of 14.57%. Investors also watch the number of corporate investors in a company very closely, which is 10.25% institutions for Digihost Technology Inc that are currently holding shares of the company. VIDENT ADVISORY, LLC is the top institutional holder at DGHI for having 0.8 million shares of worth $1.02 million. And as of 2024-06-30, it was holding 2.7283 of the company’s outstanding shares.

The second largest institutional holder is JANE STREET GROUP, LLC, which was holding about 41823.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.143 of outstanding shares, having a total worth of $55646.0.