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The closing price of HIVE Digital Technologies Ltd (NASDAQ: HIVE) was $3.12 for the day, down -0.32% from the previous closing price of $3.13. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 10.17 million shares were traded. HIVE stock price reached its highest trading level at $3.168 during the session, while it also had its lowest trading level at $2.96.
Ratios:
Our analysis of HIVE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.56 and its Current Ratio is at 5.56. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
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 402611040 and an Enterprise Value of 366177152. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 2.977 whereas that against EBITDA is 13.787.
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 -18.96%, while the 200-Day Moving Average is calculated to be -4.63%.
Shares Statistics:
HIVE traded an average of 7.18M shares per day over the past three months and 9359870 shares per day over the past ten days. A total of 129.04M shares are outstanding, with a floating share count of 128.42M. Insiders hold about 0.48% of the company’s shares, while institutions hold 23.25% stake in the company. Shares short for HIVE as of 1734048000 were 3500140 with a Short Ratio of 0.76, compared to 1731628800 on 3299767.
