HIVE Digital Technologies Ltd (NASDAQ: HIVE) kicked off on Friday, down -4.07% from the previous trading day, before settling in for the closing price of $3.69. Over the past 52 weeks, HIVE has traded in a range of $2.18-$5.74.
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A company in the Financial sector has jumped its sales by 58.55% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 55.79%. With a float of $118.21 million, this company’s outstanding shares have now reached $118.72 million.
In an organization with 20 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -14.1%, operating margin of -33.95%, and the pretax margin is -20.86%.
HIVE Digital Technologies Ltd (HIVE) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of HIVE Digital Technologies Ltd is 0.44%, while institutional ownership is 25.62%.
HIVE Digital Technologies Ltd (HIVE) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.29 earnings per share (EPS), lower than consensus estimate (set at -0.19) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.79% per share during the next fiscal year.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Trading Performance Indicators
Take a look at HIVE Digital Technologies Ltd’s (HIVE) current performance indicators. Last quarter, stock had a quick ratio of 7.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.37, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.27 in one year’s time.
Technical Analysis of HIVE Digital Technologies Ltd (HIVE)
Let’s dig in a bit further. During the last 5-days, its volume was 5.81 million. That was better than the volume of 3.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.85%. Additionally, its Average True Range was 0.30.
During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 56.10%, which indicates a significant increase from 26.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 112.41% in the past 14 days, which was higher than the 94.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.28, while its 200-day Moving Average is $3.19. However, in the short run, HIVE Digital Technologies Ltd’s stock first resistance to watch stands at $3.77. Second resistance stands at $3.99. The third major resistance level sits at $4.13. If the price goes on to break the first support level at $3.41, it is likely to go to the next support level at $3.27. The third support level lies at $3.05 if the price breaches the second support level.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats
The company with the Market Capitalisation of 564.92 million has total of 120,668K Shares Outstanding. Its annual sales at the moment are 114,470 K in contrast with the sum of -51,210 K annual income. Company’s last quarter sales were recorded 32,240 K and last quarter income was 3,260 K.
