Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $6.2 in the prior trading day, HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $6.54, up 5.48%. In other words, the price has increased by $5.48 from its previous closing price. On the day, 45.44 million shares were traded. HIVE stock price reached its highest trading level at $6.6299 during the session, while it also had its lowest trading level at $6.1223.
Ratios:
Our goal is to gain a better understanding of HIVE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.42 and its Current Ratio is at 3.42. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Rosenblatt on March 07, 2025, initiated with a Buy rating and assigned the stock a target price of $6.
On December 19, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $7.50.ROTH MKM initiated its Buy rating on December 19, 2024, with a $7.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIVE now has a Market Capitalization of 1512091264 and an Enterprise Value of 1483516032. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.77 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 11.532 whereas that against EBITDA is 20.755.
Stock Price History:
The Beta on a monthly basis for HIVE is 4.57, which has changed by 1.2474227 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, HIVE has reached a high of $6.26, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is 106.44%, while the 200-Day Moving Average is calculated to be 169.88%.
Shares Statistics:
The stock has traded on average 31.00M shares per day over the past 3-months and 57912880 shares per day over the last 10 days, according to various share statistics. A total of 231.52M shares are outstanding, with a floating share count of 230.19M. Insiders hold about 0.57% of the company’s shares, while institutions hold 20.93% stake in the company. Shares short for HIVE as of 1757894400 were 12470794 with a Short Ratio of 0.40, compared to 1755216000 on 10384609.
Earnings Estimates
. The current rating of HIVE Digital Technologies Ltd (HIVE) reflects the combined expertise of 6.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.04, with high estimates of $0.11 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.45 and $0.21 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.44, with 4.0 analysts recommending between $0.63 and $0.16.
Revenue Estimates
8 analysts predict $78.22M in revenue for. The current quarter. It ranges from a high estimate of $93.1M to a low estimate of $63.44M. As of. The current estimate, HIVE Digital Technologies Ltd’s year-ago sales were $22.65MFor the next quarter, 8 analysts are estimating revenue of $102.52M. There is a high estimate of $129.2M for the next quarter, whereas the lowest estimate is $77.97M.
A total of 8 analysts have provided revenue estimates for HIVE’s current fiscal year. The highest revenue estimate was $412.9M, while the lowest revenue estimate was $297.07M, resulting in an average revenue estimate of $347.55M. In the same quarter a year ago, actual revenue was $115.28MBased on 4 analysts’ estimates, the company’s revenue will be $520.99M in the next fiscal year. The high estimate is $606.6M and the low estimate is $456.87M.
