Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Hut 8 Corp (NASDAQ: HUT) was $18.46 for the day, up 5.61% from the previous closing price of $17.48. In other words, the price has increased by $5.61 from its previous closing price. On the day, 4.46 million shares were traded.
Ratios:
Our analysis of HUT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, Roth Capital on June 06, 2025, initiated with a Buy rating and assigned the stock a target price of $25.
On May 22, 2025, Citizens JMP started tracking the stock assigning a Mkt Outperform rating and target price of $25.
On May 14, 2025, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $25.B. Riley Securities initiated its Buy rating on May 14, 2025, with a $25 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 05 ’25 when Semah Victor sold 11,363 shares for $12.95 per share. The transaction valued at 147,186 led to the insider holds 15,738 shares of the business.
Semah Victor bought 11,363 shares of HUT for $147,186 on May 05 ’25. On Aug 16 ’24, another insider, Flinn Joseph, who serves as the Director of the company, sold 7,618 shares for $11.74 each. As a result, the insider received 89,427 and left with 11,861 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 14.52 while its Price-to-Book (P/B) ratio in mrq is 2.00.
Stock Price History:
Over the past 52 weeks, HUT has reached a high of $31.95, while it has fallen to a 52-week low of $8.73. The 50-Day Moving Average of the stock is 26.39%, while the 200-Day Moving Average is calculated to be 7.49%.
Shares Statistics:
A total of 104.15M shares are outstanding, with a floating share count of 92.46M. Insiders hold about 11.28% of the company’s shares, while institutions hold 59.86% stake in the company.
