Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $6.81 in the last session, down -1.59% from day before closing price of $6.92. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 28.29 million shares were traded. HIVE stock price reached its highest trading level at $7.08 during the session, while it also had its lowest trading level at $6.3449.
Ratios:
We take a closer look at HIVE’s different ratios to gain a better understanding of the stock. 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 1570388096 and an Enterprise Value of 1545508096. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.26 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 12.013 whereas that against EBITDA is 21.622.
Stock Price History:
The Beta on a monthly basis for HIVE is 4.49, which has changed by 1.0636363 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, HIVE has reached a high of $7.84, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is 87.13%, while the 200-Day Moving Average is calculated to be 170.60%.
Shares Statistics:
According to the various share statistics, HIVE traded on average about 32.22M shares per day over the past 3-months and 51777200 shares per day over the past 10 days. 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 21.20% stake in the company. Shares short for HIVE as of 1759190400 were 15086308 with a Short Ratio of 0.47, compared to 1756425600 on 12470794.
