HIVE Digital Technologies Ltd. (NASDAQ:HIVE) currently has a daily average trading volume of 4.09M but it saw 2640202 shares traded in last market. With a market cap of 354.88M USD, the company’s current market price of $2.99 came falling about -1.97 while comparing to the previous closing price of $3.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.74 and as low as $2.18. In the recent trading on the day, stock has struck highest price mark of $2.98 while lowest mark touched by it was $3.23.
Taking a look at 20-day trading activity of HIVE Digital Technologies Ltd. (HIVE) gives us an average price of $3.06, while its current price level is -47.91% below from 52-week high level whereas it is 37.16% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.27 while that of 200 days or SMA-200 reads an average of $3.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.97% during that period while stretching the period over a month that increases to 7.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.28 which implies that the stock is in neutral territory.
Over the week, HIVE’s stock price is moving -0.66% down while it is -2.61% when we observe its performance for the past one month. Year-to-date it is -34.00% down and over the past year, the stock is showing a downside performance of -5.97%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.29 beaten by the consensus estimate of -0.19 for the same. The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of -0.09 while estimate for next year EPS is -0.23. In next quarter, company is expected to be making quarterly sales of $28.9M as analysts are expecting the sales for current fiscal year at $119.87M and seeing the company making $254.1M in sales next year. Moreover, analysts are in estimates of $26.73M for current-quarter revenue.
Currently, HIVE Digital Technologies Ltd.’s total number of outstanding shares is 118.69M. Company’s return on investment (ROI) stands at -10.92% and return on equity (ROE) at -15.28%. Stock’s beta reads 3.88. Stock has a price to book (P/B) ratio of 1.28 while price to sale or P/S ratio amounts to 2.88. Its return on asset (ROA) is -12.48% on average.
