During the last session, Hut 8 Corp (NASDAQ:HUT)’s traded shares were 2.03 million, with the beta value of the company hitting 3.79. At the end of the trading day, the stock’s price was $20.32, reflecting an intraday gain of 1.14% or $0.23. The 52-week high for the HUT share is $31.95, that puts it down -57.23 from that peak though still a striking 66.68% gain since the share price plummeted to a 52-week low of $6.77. The company’s market capitalization is $1.90B, and the average intraday trading volume over the past 10 days was 3.92 million shares, and the average trade volume was 6.80 million shares over the past three months.

Hut 8 Corp (HUT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. HUT has a Sell rating from 1 analyst(s) out of 12 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.8.

Hut 8 Corp (NASDAQ:HUT) trade information

Hut 8 Corp (HUT) registered a 1.14% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.14% in intraday trading to $20.32, hitting a weekly high. The stock’s 5-day price performance is -2.40%, and it has moved by -11.38% in 30 days. Based on these gigs, the overall price performance for the year is 143.35%. The short interest in Hut 8 Corp (NASDAQ:HUT) is 10.68 million shares and it means that shorts have 1.8 day(s) to cover.

The consensus price target of analysts on Wall Street is $15.25, which implies a decrease of -33.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8 and $32 respectively. As a result, HUT is trading at a discount of -57.48% off the target high and 60.63% off the low.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 38.41M as predicted by 9 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 47.08M by the end of current fiscal year.

While earnings are projected to return 142.46% in 2025.

HUT Dividends

Hut 8 Corp is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.