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.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed the day trading at $2.57 down -5.17% from the previous closing price of $2.71. In other words, the price has decreased by -$5.17 from its previous closing price. On the day, 7.16 million shares were traded. HIVE stock price reached its highest trading level at $2.74 during the session, while it also had its lowest trading level at $2.565.
Ratios:
For a better understanding of HIVE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
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 611575168 and an Enterprise Value of 585768832. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 3.031 whereas that against EBITDA is 5.544.
Stock Price History:
The Beta on a monthly basis for HIVE is 3.60, which has changed by -0.122977376 over the last 52 weeks, in comparison to a change of 0.17673707 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 -32.72%, while the 200-Day Moving Average is calculated to be -9.46%.
Shares Statistics:
Over the past 3-months, HIVE traded about 24.83M shares per day on average, while over the past 10 days, HIVE traded about 9098810 shares per day. A total of 237.97M shares are outstanding, with a floating share count of 237.29M. Insiders hold about 0.28% of the company’s shares, while institutions hold 24.30% stake in the company. Shares short for HIVE as of 1765756800 were 18977445 with a Short Ratio of 0.76, compared to 1763078400 on 9603120.
Earnings Estimates
. The current market rating for HIVE Digital Technologies Ltd (HIVE) reflects the collective analysis of 7.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.05 and low estimates of -$0.12.
Analysts are recommending an EPS of between $0.0 and -$0.14 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is -$0.08, with 7.0 analysts recommending between $0.68 and -$0.38.
Revenue Estimates
7 analysts predict $96.07M in revenue for. The current quarter. It ranges from a high estimate of $106.45M to a low estimate of $77.72M. As of. The current estimate, HIVE Digital Technologies Ltd’s year-ago sales were $29.23MFor the next quarter, 7 analysts are estimating revenue of $101.83M. There is a high estimate of $113.1M for the next quarter, whereas the lowest estimate is $82.8M.
A total of 7 analysts have provided revenue estimates for HIVE’s current fiscal year. The highest revenue estimate was $350.1M, while the lowest revenue estimate was $293.39M, resulting in an average revenue estimate of $330.77M. In the same quarter a year ago, actual revenue was $115.28MBased on 7 analysts’ estimates, the company’s revenue will be $485.63M in the next fiscal year. The high estimate is $535M and the low estimate is $414.48M.
