In last trading session, HIVE Digital Technologies Ltd (NASDAQ:HIVE) saw 8.04 million shares changing hands with its beta currently measuring 4.74. Company’s recent per share price level of $1.76 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $278.24M. That closing price of HIVE’s stock is at a discount of -214.77% from its 52-week high price of $5.54 and is indicating a premium of 5.11% from its 52-week low price of $1.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.28 million shares which gives us an average trading volume of 10.24 million if we extend that period to 3-months.
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 0.37 in the current quarter.
HIVE Digital Technologies Ltd (NASDAQ:HIVE) trade information
HIVE Digital Technologies Ltd’s shares saw a change of -38.25% in year-to-date performance and have moved -10.20% in past 5-day. HIVE Digital Technologies Ltd (NASDAQ:HIVE) showed a performance of -37.81% in past 30-days. Number of shares sold short was 9.67 million shares which calculate 0.92 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 76.53% 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 -212.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -212.5% for stock’s current value.
HIVE Digital Technologies Ltd (HIVE) estimates and forecasts
This year revenue growth is estimated to rise 2.23% 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 32.91M for the same. And 4 analysts are in estimates of company making revenue of 42.14M 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.
HIVE Digital Technologies Ltd (NASDAQ:HIVE)’s Major holders
Insiders are in possession of 0.37% of company’s total shares while institution are holding 22.49 percent of that, with stock having share float percentage of 22.57%. Investors also watch the number of corporate investors in a company very closely, which is 22.49% institutions for HIVE Digital Technologies Ltd that are currently holding shares of the company.
