Digihost Technology Inc (NASDAQ: DGHI) Drops -21.43% Over A Month, But Analysts Still See Upside Potential

Digihost Technology Inc (NASDAQ:DGHI) currently has a daily average trading volume of 243.85K but it saw 128076 shares traded in last market. With a market cap of 51.87M USD, the company’s current market price of $1.54 came falling about -4.94 while comparing to the previous closing price of $1.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.24 and as low as $0.84. In the recent trading on the day, stock has struck highest price mark of $1.515 while lowest mark touched by it was $1.62.

Taking a look at 20-day trading activity of Digihost Technology Inc (DGHI) gives us an average price of $1.7405, while its current price level is -31.25% below from 52-week high level whereas it is 83.33% 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 $1.8056 while that of 200 days or SMA-200 reads an average of $1.4216. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.60% during that period while stretching the period over a month that increases to 11.95%. 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 42.83 which implies that the stock is in neutral territory.

Over the week, DGHI’s stock price is moving 2.67% up while it is -21.43% when we observe its performance for the past one month. Year-to-date it is 2.67% up and over the past year, the stock is showing a downside performance of -23.00%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $12.19M for current-quarter revenue.

Currently, Digihost Technology Inc’s total number of outstanding shares is 33.01M. Company’s return on investment (ROI) stands at -58.61% and return on equity (ROE) at -50.00%. Stock’s beta reads 5.37. Stock has a price to book (P/B) ratio of 1.91 while price to sale or P/S ratio amounts to 1.23. Its return on asset (ROA) is -37.27% on average.