HIVE Digital Technologies Ltd (NASDAQ:HIVE)’s traded shares stood at 20.16 million during the last session, with the company’s beta value hitting 4.46. At the close of trading, the stock’s price was $2.00, to imply a decrease of -3.85% or -$0.08 in intraday trading. The HIVE share’s 52-week high remains $5.54, putting it -177.0% down since that peak but still an impressive 37.0% since price per share fell to its 52-week low of $1.26. The company has a valuation of $360.62M, with an average of 15.14 million shares in intraday trading volume over the past 10 days and average of 9.49 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for HIVE Digital Technologies Ltd (HIVE), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give HIVE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy.
HIVE Digital Technologies Ltd (NASDAQ:HIVE) trade information
After registering a -3.85% downside in the last session, HIVE Digital Technologies Ltd (HIVE) has traded red over the past five days. The 5-day price performance for the stock is 4.71%, and 25.00% over 30 days. With these gigs, the year-to-date price performance is -29.82%. Short interest in HIVE Digital Technologies Ltd (NASDAQ:HIVE) saw shorts transact 10.01 million shares and set a 1.4 days time to cover.
The extremes give us $7.5 and $7.5 for target low and target high price respectively. As such, HIVE has been trading -275.0% off suggested target high and -275.0% from its likely low.
HIVE Dividends
HIVE Digital Technologies Ltd has its next earnings report out on 2025-Feb-10. 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.
HIVE Digital Technologies Ltd (NASDAQ:HIVE)’s Major holders
HIVE Digital Technologies Ltd insiders hold 0.33% of total outstanding shares, with institutional holders owning 18.23% of the shares at 18.29% float percentage. In total, 18.23% institutions holds shares in the company, led by TOROSO INVESTMENTS, LLC. As of 2024-06-30, the company held over 4.28 million shares (or 3.8631% of shares), all amounting to roughly $13.17 million.
The next major institution holding the largest number of shares is VAN ECK ASSOCIATES CORP with 3.89 million shares, or about 3.5184% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.99 million.
We also have Amplify ETF Trust-Amplify Transformational Data Sharing ETF and Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF as the top two Mutual Funds with the largest holdings of the HIVE Digital Technologies Ltd (HIVE) shares. Going by data provided on Dec 31, 2024 , Amplify ETF Trust-Amplify Transformational Data Sharing ETF holds roughly 4.18 shares. This is just over 2.36% of the total shares, with a market valuation of $8.35 million. Data from the same date shows that the other fund manager holds a little less at 2.48, or 1.40% of the shares, all valued at about 4.97 million.
