In today’s recent session, 0.94 million shares of the Digihost Technology Inc (NASDAQ:DGHI) have been traded, and its beta is 5.49. Most recently the company’s share price was $3.31, and it changed around $0.27 or 8.88% from the last close, which brings the market valuation of the company to $111.48M. DGHI at last check was trading at a discount to its 52-week high of $3.77, offering almost -13.9% off that amount. The share price’s 52-week low was $0.84, which indicates that the recent value has risen by an impressive 74.62% since then. We note from Digihost Technology Inc’s average daily trading volume that its 10-day average is 1.14 million shares, with the 3-month average coming to 468.43K.
Digihost Technology Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended DGHI as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Digihost Technology Inc is expected to report earnings per share of 0 for the current quarter.
Digihost Technology Inc (NASDAQ:DGHI) trade information
Instantly DGHI has been showing a green trend so far today with a performance of 8.88% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.47 on recent trading dayincreased the stock’s daily price by 4.61%. The company’s shares are currently up 120.66% year-to-date, but still up 12.58% over the last five days. On the other hand, Digihost Technology Inc (NASDAQ:DGHI) is 116.33% up in the 30-day period. We can see from the shorts that 0.23 million shares have been sold at a short interest cover period of 1.47 day(s).
The consensus price target as assigned by Wall Street analysts is $2.5, which translates to bulls needing to decrease their stock price by -32.4% from its current value. Analyst projections state that DGHI is forecast to be at a low of $2.5 and a high of $2.5.
Digihost Technology Inc (DGHI) estimates and forecasts
The year-over-year growth rate is expected to be 58.45%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 12.19M in revenue for the current quarter. Analysts predict that the company’s current quarter sales will drop, forecast at -16.74%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 52.23%.
DGHI Dividends
Digihost Technology Inc’s next quarterly earnings report is expected to be released in March.
Digihost Technology Inc (NASDAQ:DGHI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 29.65% of Digihost Technology Inc shares, and 10.25% of them are in the hands of institutional investors. The stock currently has a share float of 14.57%. Digihost Technology Inc stock is held by 23.0 institutions, with VIDENT ADVISORY, LLC being the largest institutional investor. By 2024-06-30, it held 2.7283% of the shares, which is about 0.8 million shares worth $1.02 million.
JANE STREET GROUP, LLC, with 0.143% or 41823.0 shares worth $55646.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF and Fidelity NASDAQ Composite Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 882.77 shares worth $2.89 million, making up 2.64% of all outstanding shares. On the other hand, Fidelity NASDAQ Composite Index Fund held roughly 9.84 shares worth around $32278.0, which represents about 0.03% of the total shares outstanding.
