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.
The closing price of HIVE Digital Technologies Ltd (NASDAQ: HIVE) was $2.25 for the day, up 8.70% from the previous closing price of $2.07. In other words, the price has increased by $8.70 from its previous closing price. On the day, 51.63 million shares were traded. HIVE stock price reached its highest trading level at $2.3 during the session, while it also had its lowest trading level at $1.99.
Ratios:
Our analysis of HIVE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.72 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 452821504 and an Enterprise Value of 369907744. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.93 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 3.209 whereas that against EBITDA is 12.807.
Stock Price History:
The Beta on a monthly basis for HIVE is 4.24, which has changed by -0.3263473 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, HIVE has reached a high of $5.54, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is 20.93%, while the 200-Day Moving Average is calculated to be -16.52%.
Shares Statistics:
HIVE traded an average of 14.05M shares per day over the past three months and 27083520 shares per day over the past ten days. A total of 201.25M shares are outstanding, with a floating share count of 200.39M. Insiders hold about 0.43% of the company’s shares, while institutions hold 14.81% stake in the company. Shares short for HIVE as of 1749772800 were 8357516 with a Short Ratio of 0.59, compared to 1747267200 on 10018310.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
