Market Momentum Report: HIVE Digital Technologies Ltd (HIVE)’s Positive Close at 1.49

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $1.49 in the last session, up 0.68% from day before closing price of $1.48. In other words, the price has increased by $0.68 from its previous closing price. On the day, 6.09 million shares were traded.

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 10.41 and its Current Ratio is at 10.41. In the meantime, Its Debt-to-Equity ratio is 0.06 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.95 while its Price-to-Book (P/B) ratio in mrq is 0.48.

Stock Price History:

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 -26.27%, while the 200-Day Moving Average is calculated to be -51.71%.

Shares Statistics:

A total of 158.09M shares are outstanding, with a floating share count of 157.31M. Insiders hold about 0.49% of the company’s shares, while institutions hold 19.85% stake in the company.

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