A new trading day began on Friday, with HIVE Digital Technologies Ltd (NASDAQ: HIVE) stock price up 2.25% from the previous day of trading, before settling in for the closing price of $4.00. HIVE’s price has ranged from $2.18 to $5.74 over the past 52 weeks.
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Annual sales at Financial sector company grew by 58.55% over the past five years. Meanwhile, its annual earnings per share averaged 56.84%. With a float of $128.36 million, this company’s outstanding shares have now reached $129.04 million.
Let’s look at the performance matrix of the company that is accounted for 20 employees. 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) Insider Updates
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 0.53%, while institutional ownership is 23.27%.
HIVE Digital Technologies Ltd (HIVE) Performance Highlights and Predictions
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 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 56.84% 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 6.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.02 in one year’s time.
Technical Analysis of HIVE Digital Technologies Ltd (HIVE)
HIVE Digital Technologies Ltd (NASDAQ: HIVE) saw its 5-day average volume 6.7 million, a positive change from its year-to-date volume of 3.64 million. As of the previous 9 days, the stock’s Stochastic %D was 8.68%. 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 56.19%, which indicates a significant increase from 30.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.59% in the past 14 days, which was higher than the 96.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.66, while its 200-day Moving Average is $3.28. Nevertheless, the first resistance level for the watch stands at $4.25 in the near term. At $4.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.63. If the price goes on to break the first support level at $3.87, it is likely to go to the next support level at $3.66. Assuming the price breaks the second support level, the third support level stands at $3.49.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats
With a market capitalization of 757.37 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 22,650 K while its latest quarter income was -7,660 K.
