Hut 8 Corp (NASDAQ: HUT) Recovers 92.58% From 52-Week Low, Is HUT Still A High-Risk, High-Reward Play?

Hut 8 Corp (NASDAQ:HUT) currently has a daily average trading volume of 5.47M but it saw 5894211 shares traded in last market. With a market cap of 1.62B USD, the company’s current market price of $15.58 came falling about -3.41 while comparing to the previous closing price of $16.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.95 and as low as $8.09.

Taking a look at 20-day trading activity of Hut 8 Corp (HUT) gives us an average price of $13.40, while its current price level is -51.24% below from 52-week high level whereas it is 92.58% 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 $12.77 while that of 200 days or SMA-200 reads an average of $16.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.32% during that period while stretching the period over a month that decreases to 7.03%. 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 61.18 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which initiated the stock as “Buy” in its note to investors issued on May 14, 2025, recommending a price target of $25 for it. Northland Capital 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 9.95% up while it is 36.31% when we observe its performance for the past one month. Year-to-date it is -23.96% down and over the past year, the stock is showing an upside performance of 97.97%.

Currently, Hut 8 Corp’s total number of outstanding shares is 104.15M with 52.97% of that held by the insiders while 60.83% 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 3.96. Stock has a price to book (P/B) ratio of 1.69 while price to sale or P/S ratio amounts to 12.26. Its return on asset (ROA) is -4.15% on average.

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