In recent trading session, Hut 8 Corp (NASDAQ:HUT) saw 1.14 million shares changing hands at last check today with its beta currently measuring 3.77. Company’s recent per share price level of $19.03 trading at -$0.69 or -3.50% at last check today assigns it a market valuation of $1.78B. That most recent trading price of HUT’s stock is at a discount of -67.89% from its 52-week high price of $31.95 and is indicating a premium of 64.42% from its 52-week low price of $6.77.
For Hut 8 Corp (HUT), 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 12 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.8 in the current quarter.
Hut 8 Corp (NASDAQ:HUT) trade information
Upright in the red during last session for losing -3.50%, in the last five days HUT remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $19.03 price level, adding 8.86% to its value on the day. Hut 8 Corp’s shares saw a change of -7.13% in year-to-date performance and have moved -6.35% in past 5-day. Hut 8 Corp (NASDAQ:HUT) showed a performance of -27.14% in past 30-days.
Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a rise of 4.85% to its recent value today. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 32. It follows that stock’s current price would jump 57.96% in reaching the projected high whereas dropping to the targeted low would mean a gain of 57.96% for stock’s current value.
Hut 8 Corp (HUT) estimates and forecasts
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 38.41M for the same. And 8 analysts are in estimates of company making revenue of 47.08M in the next quarter.
Hut 8 Corp (NASDAQ:HUT)’s Major holders
CASTLE HOOK PARTNERS LP is the top institutional holder at HUT for having 2.49 million shares of worth $37.34 million. And as of 2024-06-30, it was holding 2.7616 of the company’s outstanding shares.
The second largest institutional holder is VAN ECK ASSOCIATES CORP, which was holding about 1.15 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.2729 of outstanding shares, having a total worth of $17.21 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 2.54 shares of worth $48.39 million or 2.72% of the total outstanding shares. The later fund manager was in possession of 2.3 shares on Nov 30, 2024, making its stake of worth around $43.74 million in the company or a holder of 2.46% of company’s stock.
