Hut 8 Corp (NASDAQ:HUT)’s traded shares stood at 4.93 million during the last session, with the company’s beta value hitting 3.83. At the close of trading, the stock’s price was $14.94, to imply an increase of 0.47% or $0.07 in intraday trading. The HUT share’s 52-week high remains $31.95, putting it -113.86% down since that peak but still an impressive 54.69% since price per share fell to its 52-week low of $6.77.
Analysts have given a consensus recommendation of Buy for Hut 8 Corp (HUT), translating to a mean rating of 1.00. Of 12 analyst(s) looking at the stock, 1 analyst(s) give HUT a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 9 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.8.
Hut 8 Corp (NASDAQ:HUT) trade information
After registering a 0.47% upside in the last session, Hut 8 Corp (HUT) has traded red over the past five days. The 5-day price performance for the stock is -24.24%, and -24.47% over 30 days. With these gigs, the year-to-date price performance is -27.09%.
The extremes give us $8 and $32 for target low and target high price respectively. As such, HUT has been trading -114.19% off suggested target high and 46.45% from its likely low.
HUT Dividends
Hut 8 Corp has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Hut 8 Corp (NASDAQ:HUT)’s Major holders
The next major institution holding the largest number of shares is CASTLE HOOK PARTNERS LP with 2.49 million shares, or about 2.7616% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $37.34 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Hut 8 Corp (HUT) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 2.54 shares. This is just over 2.72% of the total shares, with a market valuation of $37.99 million. Data from the same date shows that the other fund manager holds a little less at 2.3, or 2.46% of the shares, all valued at about 34.34 million.
