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After finishing at $2.69 in the prior trading day, HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $2.49, down -7.43%. In other words, the price has decreased by -$7.43 from its previous closing price. On the day, 9.34 million shares were traded.
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 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.
On December 19, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $7.50.
On October 29, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $9.Cantor Fitzgerald initiated its Overweight rating on October 29, 2024, with a $9 target price.
Valuation Measures:
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 0.80.
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 $2.18. The 50-Day Moving Average of the stock is -19.84%, while the 200-Day Moving Average is calculated to be -23.76%.
Shares Statistics:
A total of 155.40M shares are outstanding, with a floating share count of 154.48M. Insiders hold about 0.59% of the company’s shares, while institutions hold 20.37% stake in the company.
