HIVE Digital Technologies Ltd (HIVE) volume exceeds 5.63 million: A new investment opportunity for investors

A new trading day began on Friday, with HIVE Digital Technologies Ltd (NASDAQ: HIVE) stock price up 2.90% from the previous day of trading, before settling in for the closing price of $4.30. HIVE’s price has ranged from $2.18 to $5.74 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 58.55% over the last five years. Meanwhile, its annual earnings per share averaged 53.68%. With a float of $128.48 million, this company’s outstanding shares have now reached $129.04 million.

The firm has a total of 20 workers. Let’s measure their productivity. In terms of profitability, gross margin is -1.56%, operating margin of -8.72%, and the pretax margin is -8.32%.

HIVE Digital Technologies Ltd (HIVE) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of HIVE Digital Technologies Ltd is 0.44%, while institutional ownership is 23.21%.

HIVE Digital Technologies Ltd (HIVE) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 53.68% per share during the next fiscal year.

HIVE Digital Technologies Ltd (NASDAQ: HIVE) Trading Performance Indicators

Here are HIVE Digital Technologies Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.02 in one year’s time.

Technical Analysis of HIVE Digital Technologies Ltd (HIVE)

Analysing the last 5-days average volume posted by the [HIVE Digital Technologies Ltd, HIVE], we can find that recorded value of 7.41 million was better than the volume posted last year of 3.57 million. As of the previous 9 days, the stock’s Stochastic %D was 50.05%. Additionally, its Average True Range was 0.41.

During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 66.47%, which indicates a significant increase from 48.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 127.89% in the past 14 days, which was higher than the 97.15% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.54, while its 200-day Moving Average is $3.25. Now, the first resistance to watch is $4.53. This is followed by the second major resistance level at $4.62. The third major resistance level sits at $4.79. If the price goes on to break the first support level at $4.27, it is likely to go to the next support level at $4.10. Now, if the price goes above the second support level, the third support stands at $4.01.

HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats

With a market capitalization of 827.27 million, the company has a total of 126,827K Shares Outstanding. Currently, annual sales are 114,470 K while annual income is -51,210 K. The company’s previous quarter sales were 32,240 K while its latest quarter income was 3,260 K.