Digi Power X Inc (NASDAQ:DGXX) does about 1.54M shares in volume on a normal day but saw 2411094 shares change hands in the recent trading day. The company now has a market cap of 104.63M USD. Its current market price is $2.83, marking an increase of 25.22% compared to the previous close of $2.26. The 52 week high reached by this stock is $3.77 whilst the lowest price level in 52 weeks is $0.84. The script in recent trading has seen the stock touch a high of $2.5 and a low of $2.5.
The consensus objective for the share price is $2.50, suggesting that the stock has a potential downside of -13.2% over the period. The median price target is -13.2% away from the current levels at $2.5.
The current price level is 65.74%, 101.98%, and 76.16% away from its SMA20, SMA50, and SMA200 respectively, with the DGXX price moving below the 50-day SMA on current market day. Digi Power X Inc (DGXX) stock is up 62.64% over the week and 105.07% over the past month. Its price is 88.67% year-to-date and 103.60% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $10.66M.
Its 12-month price target is $2.5. To reach the target analysts have set, the stock logically needs to shrink -13.2 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $2.5, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $2.5.
The company has a return on investment of -54.59% and return on equity of -46.45%. The beta has a value of 5.94. Price to book ratio is 4.30 and price to sales ratio is 3.14.
