As of close of business last night, HIVE Digital Technologies Ltd.’s stock clocked out at $3.05, down -2.24% from its previous closing price of $3.12. In other words, the price has decreased by -$0.0700 from its previous closing price. On the day, 2094755 shares were traded. HIVE stock price reached its highest trading level at $3.1000 during the session, while it also had its lowest trading level at $2.9500.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
To gain a deeper understanding of HIVE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.51 and its Current Ratio is at 3.51. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.11.
On March 25, 2022, Stifel started tracking the stock assigning a Buy rating and target price of $3.75.Stifel initiated its Buy rating on March 25, 2022, with a $3.75 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 283.82M and an Enterprise Value of 291.97M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 2.41 whereas that against EBITDA is 10.04.
Stock Price History:
Over the past 52 weeks, HIVE has reached a high of $6.84, while it has fallen to a 52-week low of $2.75. The 50-Day Moving Average of the stock is 3.4886, while the 200-Day Moving Average is calculated to be 3.7585.
Shares Statistics:
It appears that HIVE traded 3.84M shares on average per day over the past three months and 2.87M shares per day over the past ten days. A total of 100.52M shares are outstanding, with a floating share count of 100.02M. Insiders hold about 0.51% of the company’s shares, while institutions hold 20.73% stake in the company. Shares short for HIVE as of Feb 29, 2024 were 7.89M with a Short Ratio of 2.05, compared to 9.6M on Jan 31, 2024.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.16, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.25 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$0.41 and -$0.72 for the fiscal current year, implying an average EPS of -$0.58. EPS for the following year is -$0.62, with 3 analysts recommending between -$0.22 and -$0.91.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $34.68M. It ranges from a high estimate of $42.8M to a low estimate of $29.5M. As of the current estimate, HIVE Digital Technologies Ltd.’s year-ago sales were $18.22M, an estimated increase of 90.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $24.1M, an increase of 9.00% less than the figure of $90.30% in the same quarter last year. There is a high estimate of $27.8M for the next quarter, whereas the lowest estimate is $20.4M.
A total of 3 analysts have provided revenue estimates for HIVE’s current fiscal year. The highest revenue estimate was $120.3M, while the lowest revenue estimate was $107.1M, resulting in an average revenue estimate of $112.17M. In the same quarter a year ago, actual revenue was $106.32M, up 5.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $120.36M in the next fiscal year. The high estimate is $149.1M and the low estimate is $97M. The average revenue growth estimate for next year is up 7.30% from the average revenue estimate for this year.
