Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $1.67 in the prior trading day, HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $1.74, up 4.19%. In other words, the price has increased by $4.19 from its previous closing price. On the day, 5.89 million shares were traded. HIVE stock price reached its highest trading level at $1.7799 during the session, while it also had its lowest trading level at $1.69.
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.
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 270399488 and an Enterprise Value of 255048160. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 2.108 whereas that against EBITDA is 28.513.
Stock Price History:
The Beta on a monthly basis for HIVE is 4.73, which has changed by -0.41414142 over the last 52 weeks, in comparison to a change of 0.09506309 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 $1.66. The 50-Day Moving Average of the stock is -34.23%, while the 200-Day Moving Average is calculated to be -46.09%.
Shares Statistics:
The stock has traded on average 10.23M shares per day over the past 3-months and 9324040 shares per day over the last 10 days, according to various share 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 20.32% stake in the company. Shares short for HIVE as of 1740700800 were 9668892 with a Short Ratio of 0.95, compared to 1738281600 on 5394168.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
