In the last trading session, 33.18 million HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares changed hands as the company’s beta touched 4.35. With the company’s per share price at $2.07 changed hands at $0.27 or 15.00% during last session, the market valuation stood at $416.59M. HIVE’s last price was a discount, traded about -167.63% off its 52-week high of $5.54. The share price had its 52-week low at $1.26, which suggests the last value was 39.13% up since then. When we look at HIVE Digital Technologies Ltd’s average trading volume, we note the 10-day average is 23.13 million shares, with the 3-month average coming to 13.56 million.
Analysts gave the HIVE Digital Technologies Ltd (HIVE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HIVE as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
HIVE Digital Technologies Ltd (NASDAQ:HIVE) trade information
Instantly HIVE was in green as seen at the end of in last trading. With action 11.89%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -34.70%, with the 5-day performance at 11.89% in the green. However, in the 30-day time frame, HIVE Digital Technologies Ltd (NASDAQ:HIVE) is 15.00% up. Looking at the short shares, we see there were 8.36 million shares sold at short interest cover period of 0.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6.5, meaning bulls need an upside of 68.15% from its current market value. According to analyst projections, HIVE’s forecast low is 5 with 9 as the target high. To hit the forecast high, the stock’s price needs a -334.78% plunge from its current level, while the stock would need to soar -141.55% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 1.63%. The 2025 estimates are for HIVE Digital Technologies Ltd earnings to decrease by -1150.00%.
HIVE Dividends
HIVE Digital Technologies Ltd is expected to release its next quarterly earnings report on 2025-Jun-24.
HIVE Digital Technologies Ltd (NASDAQ:HIVE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.32% of HIVE Digital Technologies Ltd shares while 16.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 16.53%. There are 16.47% institutions holding the HIVE Digital Technologies Ltd stock share, with TOROSO INVESTMENTS, LLC the top institutional holder. As of 2024-06-30, the company held 3.8631% of the shares, roughly 4.28 million HIVE shares worth $13.17 million.
VAN ECK ASSOCIATES CORP holds the second largest percentage of outstanding shares, with 3.5184% or 3.89 million shares worth $11.99 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were Amplify ETF Trust-Amplify Transformational Data Sharing ETF and Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF . With 3.94 shares estimated at $8.15 million under it, the former controlled 1.98% of total outstanding shares. On the other hand, Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF held about 1.17% of the shares, roughly 2.33 shares worth around $4.82 million.
