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The price of HIVE Digital Technologies Ltd (NASDAQ: HIVE) closed at $2.84 in the last session, down -2.74% from day before closing price of $2.92. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 5.6 million shares were traded. HIVE stock price reached its highest trading level at $2.98 during the session, while it also had its lowest trading level at $2.84.
Ratios:
We take a closer look at HIVE’s different ratios to gain a better understanding of the stock. 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 367243232 and an Enterprise Value of 332970944. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 2.707 whereas that against EBITDA is 12.537.
Stock Price History:
The Beta on a monthly basis for HIVE is 4.47, which has changed by -0.14619881 over the last 52 weeks, in comparison to a change of 0.208081 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 $2.18. The 50-Day Moving Average of the stock is -16.29%, while the 200-Day Moving Average is calculated to be -13.08%.
Shares Statistics:
According to the various share statistics, HIVE traded on average about 9.20M shares per day over the past 3-months and 12281660 shares per day over the past 10 days. A total of 129.04M shares are outstanding, with a floating share count of 128.27M. Insiders hold about 0.60% of the company’s shares, while institutions hold 24.15% stake in the company. Shares short for HIVE as of 1736899200 were 4251729 with a Short Ratio of 0.46, compared to 1734048000 on 3500140.
