Market Highlights: HIVE Digital Technologies Ltd (HIVE) Ends on a High Note at 2.23

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The price of HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $2.23 in the last session, up 0.45% from day before closing price of $2.22. In other words, the price has increased by $0.45 from its previous closing price. On the day, 24.65 million shares were traded. HIVE stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $2.18.

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 3.72 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 494596160 and an Enterprise Value of 369907744. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.15 while its Price-to-Book (P/B) ratio in mrq is 0.82. 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 4.26, which has changed by -0.5044445 over the last 52 weeks, in comparison to a change of 0.13161862 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 12.84%, while the 200-Day Moving Average is calculated to be -15.69%.

Shares Statistics:

According to the various share statistics, HIVE traded on average about 18.12M shares per day over the past 3-months and 27035110 shares per day over the past 10 days. A total of 214.31M shares are outstanding, with a floating share count of 213.38M. Insiders hold about 0.43% of the company’s shares, while institutions hold 14.08% stake in the company. Shares short for HIVE as of 1749772800 were 8357516 with a Short Ratio of 0.46, compared to 1747267200 on 10018310.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $44.95M. It ranges from a high estimate of $47.9M to a low estimate of $42.23M. As of the current estimate, HIVE Digital Technologies Ltd’s year-ago sales were $32.24MFor the next quarter, 4 analysts are estimating revenue of $78.69M. There is a high estimate of $95.7M for the next quarter, whereas the lowest estimate is $66.42M.

A total of 5 analysts have provided revenue estimates for HIVE’s current fiscal year. The highest revenue estimate was $427.7M, while the lowest revenue estimate was $301.32M, resulting in an average revenue estimate of $366.06M. In the same quarter a year ago, actual revenue was $115.28MBased on 2 analysts’ estimates, the company’s revenue will be $553.7M in the next fiscal year. The high estimate is $622M and the low estimate is $485.41M.

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