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After finishing at $2.15 in the prior trading day, HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $2.23, up 3.72%. In other words, the price has increased by $3.72 from its previous closing price. On the day, 9.03 million shares were traded. HIVE stock price reached its highest trading level at $2.24 during the session, while it also had its lowest trading level at $2.15.
Ratios:
Our goal is to gain a better understanding of HIVE by taking a closer look at its different ratios. 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 494482432 and an Enterprise Value of 456447104. 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 3.959 whereas that against EBITDA is 15.803.
Stock Price History:
The Beta on a monthly basis for HIVE is 4.42, which has changed by -0.22569442 over the last 52 weeks, in comparison to a change of 0.16657472 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 7.38%, while the 200-Day Moving Average is calculated to be -12.43%.
Shares Statistics:
The stock has traded on average 21.77M shares per day over the past 3-months and 15078790 shares per day over the last 10 days, according to various share statistics. A total of 214.31M shares are outstanding, with a floating share count of 213.00M. Insiders hold about 0.61% of the company’s shares, while institutions hold 13.76% stake in the company. Shares short for HIVE as of 1753920000 were 11001070 with a Short Ratio of 0.46, compared to 1751241600 on 8693810.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Revenue Estimates
6 analysts predict $43.05M in revenue for the current quarter. It ranges from a high estimate of $45.4M to a low estimate of $35.92M. As of the current estimate, HIVE Digital Technologies Ltd’s year-ago sales were $32.24MFor the next quarter, 6 analysts are estimating revenue of $72.67M. There is a high estimate of $97.4M for the next quarter, whereas the lowest estimate is $56.93M.
A total of 7 analysts have provided revenue estimates for HIVE’s current fiscal year. The highest revenue estimate was $433.6M, while the lowest revenue estimate was $266.59M, resulting in an average revenue estimate of $341.67M. In the same quarter a year ago, actual revenue was $115.28MBased on 3 analysts’ estimates, the company’s revenue will be $509.82M in the next fiscal year. The high estimate is $629M and the low estimate is $414.9M.