In last trading session, HIVE Digital Technologies Ltd (NASDAQ:HIVE) saw 5.49 million shares changing hands with its beta currently measuring 4.32. Company’s recent per share price level of $1.72 trading at $0.03 or 1.78% at ring of the bell on the day assigns it a market valuation of $271.91M. That closing price of HIVE’s stock is at a discount of -222.09% from its 52-week high price of $5.54 and is indicating a premium of 26.74% from its 52-week low price of $1.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.86 million shares which gives us an average trading volume of 9.35 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 in the current quarter.
HIVE Digital Technologies Ltd (NASDAQ:HIVE) trade information
Upright in the green during last session for gaining 1.78%, in the last five days HIVE remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $1.72 price level, adding 1.15% to its value on the day. HIVE Digital Technologies Ltd’s shares saw a change of -39.65% in year-to-date performance and have moved 17.81% in past 5-day. HIVE Digital Technologies Ltd (NASDAQ:HIVE) showed a performance of -4.97% in past 30-days. Number of shares sold short was 10.36 million shares which calculate 1.08 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8.25 to the stock, which implies a rise of 79.15% to its current value. Analysts have been projecting 7.5 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 -336.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -336.05% for stock’s current value.
HIVE Digital Technologies Ltd (HIVE) estimates and forecasts
This year revenue growth is estimated to rise 1.32% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 31.88M for the same. And 5 analysts are in estimates of company making revenue of 46.84M 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 0.34% of company’s total shares while institution are holding 19.76 percent of that, with stock having share float percentage of 19.83%. Investors also watch the number of corporate investors in a company very closely, which is 19.76% institutions for HIVE Digital Technologies Ltd that are currently holding shares of the company. TOROSO INVESTMENTS, LLC is the top institutional holder at HIVE for having 4.28 million shares of worth $13.17 million. And as of 2024-06-30, it was holding 3.8631 of the company’s outstanding shares.
The second largest institutional holder is VAN ECK ASSOCIATES CORP, which was holding about 3.89 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.5184 of outstanding shares, having a total worth of $11.99 million.
On the other hand, Amplify ETF Trust-Amplify Transformational Data Sharing ETF and Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.18 shares of worth $7.19 million or 2.47% of the total outstanding shares. The later fund manager was in possession of 2.48 shares on Dec 31, 2024 , making its stake of worth around $4.27 million in the company or a holder of 1.47% of company’s stock.