In last trading session, Hut 8 Corp (NASDAQ:HUT) saw 2.95 million shares changing hands with its beta currently measuring 3.77. Company’s recent per share price level of $19.53 trading at -$0.19 or -0.96% at ring of the bell on the day assigns it a market valuation of $1.83B. That closing price of HUT’s stock is at a discount of -63.59% from its 52-week high price of $31.95 and is indicating a premium of 65.34% 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 -0.96%, 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 $19.53 price level, adding 6.47% to its value on the day. Hut 8 Corp’s shares saw a change of -4.69% in year-to-date performance and have moved -3.89% in past 5-day. Hut 8 Corp (NASDAQ:HUT) showed a performance of -25.23% in past 30-days.
Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a rise of 2.35% to its current value. 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 59.04% in reaching the projected high whereas dropping to the targeted low would mean a gain of 59.04% for stock’s current value.
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
MOORE CAPITAL MANAGEMENT, LP is the top institutional holder at HUT for having 3.14 million shares of worth $47.05 million. And as of 2024-06-30, it was holding 3.4801 of the company’s outstanding shares.
The second largest institutional holder is CASTLE HOOK PARTNERS LP, which was holding about 2.49 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.7616 of outstanding shares, having a total worth of $37.34 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 $49.67 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 $44.89 million in the company or a holder of 2.46% of company’s stock.
