In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Hut 8 Corp’s stock clocked out at $12.16, up 3.67% from its previous closing price of $11.73. In other words, the price has increased by $3.67 from its previous closing price. On the day, 5.13 million shares were traded. HUT stock price reached its highest trading level at $12.33 during the session, while it also had its lowest trading level at $11.6.
Ratios:
To gain a deeper understanding of HUT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 $23.
On December 17, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $33.Piper Sandler initiated its Overweight rating on December 17, 2024, with a $33 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when Flinn Joseph sold 7,618 shares for $11.74 per share. The transaction valued at 89,427 led to the insider holds 11,861 shares of the business.
Flinn Joseph bought 7,618 shares of HUT for $89,427 on Aug 16 ’24. On Aug 02 ’24, another insider, Visram Shenif, who serves as the Chief Financial Officer of the company, sold 20,239 shares for $13.38 each. As a result, the insider received 270,705 and left with 43,959 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HUT now has a Market Capitalization of 1262888960 and an Enterprise Value of 1527400192. As of this moment, Hut’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.56, and their Forward P/E ratio for the next fiscal year is 28.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.78 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 9.406 whereas that against EBITDA is 2.948.
Stock Price History:
The Beta on a monthly basis for HUT is 4.05, which has changed by 0.67955804 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, HUT has reached a high of $31.95, while it has fallen to a 52-week low of $6.95. The 50-Day Moving Average of the stock is -20.13%, while the 200-Day Moving Average is calculated to be -28.89%.
Shares Statistics:
It appears that HUT traded 5.00M shares on average per day over the past three months and 7300910 shares per day over the past ten days. A total of 99.48M shares are outstanding, with a floating share count of 92.16M. Insiders hold about 11.26% of the company’s shares, while institutions hold 58.81% stake in the company. Shares short for HUT as of 1743379200 were 11456260 with a Short Ratio of 2.29, compared to 1740700800 on 10256036. Therefore, it implies a Short% of Shares Outstanding of 11456260 and a Short% of Float of 12.1199995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
