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As of close of business last night, HIVE Digital Technologies Ltd.’s stock clocked out at $4.05, up 5.47% from its previous closing price of $3.84. In other words, the price has increased by $5.47 from its previous closing price. On the day, 4.08 million shares were traded. HIVE stock price reached its highest trading level at $4.0699 during the session, while it also had its lowest trading level at $3.73.
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 6.77 and its Current Ratio is at 6.77. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.07.
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 474218560 and an Enterprise Value of 488132864. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 4.264 whereas that against EBITDA is 22.925.
Stock Price History:
The Beta on a monthly basis for HIVE is 3.93, which has changed by -0.29930794 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, HIVE has reached a high of $6.38, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is 42.00%, while the 200-Day Moving Average is calculated to be 24.23%.
Shares Statistics:
It appears that HIVE traded 3.47M shares on average per day over the past three months and 4664210 shares per day over the past ten days. A total of 106.08M shares are outstanding, with a floating share count of 104.09M. Insiders hold about 0.49% of the company’s shares, while institutions hold 32.93% stake in the company. Shares short for HIVE as of 1719532800 were 5455677 with a Short Ratio of 1.57, compared to 1717113600 on 3320099.
