In last trading session, HIVE Digital Technologies Ltd (NASDAQ:HIVE) saw 8.25 million shares changing hands with its beta currently measuring 4.47. Company’s recent per share price level of $2.75 trading at -$0.06 or -2.14% at ring of the bell on the day assigns it a market valuation of $427.35M. That closing price of HIVE’s stock is at a discount of -101.45% from its 52-week high price of $5.54 and is indicating a premium of 20.73% from its 52-week low price of $2.18.
For HIVE Digital Technologies Ltd (HIVE), 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 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 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 in the current quarter.
HIVE Digital Technologies Ltd (NASDAQ:HIVE) trade information
Upright in the red during last session for losing -2.14%, in the last five days HIVE remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $2.75 price level, adding 5.17% to its value on the day. HIVE Digital Technologies Ltd’s shares saw a change of -3.51% in year-to-date performance and have moved 1.10% in past 5-day. HIVE Digital Technologies Ltd (NASDAQ:HIVE) showed a performance of -14.06% in past 30-days.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 63.33% to its current value. Analysts have been projecting 5.5 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -100.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -100.0% for stock’s current value.
HIVE Digital Technologies Ltd (HIVE) estimates and forecasts
This year revenue growth is estimated to rise 3.38% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 34.25M for the same. And 4 analysts are in estimates of company making revenue of 49.01M in the next quarter. Company posted 36.88M and 32.24M of sales in current and next quarters respectively a year earlier.
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 23.63% during past 5 years.
On the other hand, Amplify Transformational Data Sharing ETF and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 4.0 shares of worth $11.01 million or 2.70% of the total outstanding shares. The later fund manager was in possession of 3.15 shares on Nov 30, 2024 , making its stake of worth around $8.66 million in the company or a holder of 2.13% of company’s stock.
