Hut 8 Corp (NASDAQ:HUT) currently has a daily average trading volume of 5.96M but it saw 4504890 shares traded in last market. With a market cap of 1.60B USD, the company’s current market price of $15.38 came falling about -1.03 while comparing to the previous closing price of $15.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.95 and as low as $8.53.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citizens JMP which initiated the stock as “Mkt Outperform” in its note to investors issued on May 22, 2025, recommending a price target of $25 for it. Maxim Group also issued its recommendations for the stock as it initiated the price target for the stock is $20.
Over the week, HUT’s stock price is moving -5.99% down while it is 17.85% when we observe its performance for the past one month. Year-to-date it is -24.94% down and over the past year, the stock is showing an upside performance of 65.73%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.16 while estimate for next year EPS is -1.5. In next quarter, company is expected to be making quarterly sales of $72.91M as analysts are expecting the sales for current fiscal year at $227.34M and seeing the company making $384.91M in sales next year. Moreover, analysts are in estimates of $50.07M for current-quarter revenue.
Currently, Hut 8 Corp’s total number of outstanding shares is 104.15M with 52.97% of that held by the insiders while 62.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -4.26% and return on equity (ROE) at -6.31%. Stock’s beta reads 3.94. Stock has a price to book (P/B) ratio of 1.67 while price to sale or P/S ratio amounts to 12.10. Its return on asset (ROA) is -4.15% on average.
