HIVE Digital Technologies Ltd (NASDAQ: HIVE) on Friday, soared 1.59% from the previous trading day, before settling in for the closing price of $3.15. Within the past 52 weeks, HIVE’s price has moved between $2.18 and $5.54.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 58.55%. The company achieved an average annual earnings per share of 58.19%. With a float of $128.27 million, this company’s outstanding shares have now reached $129.04 million.
Considering the fact that the conglomerate employs 20 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of HIVE Digital Technologies Ltd is 0.58%, while institutional ownership is 23.51%.
HIVE Digital Technologies Ltd (HIVE) Earnings and Forecasts
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 58.19% per share during the next fiscal year.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Trading Performance Indicators
HIVE Digital Technologies Ltd (HIVE) is currently performing well based on its current performance indicators. A quick ratio of 5.56 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.36.
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 -0.12 in one year’s time.
Technical Analysis of HIVE Digital Technologies Ltd (HIVE)
Compared to the last year’s volume of 10.23 million, its volume of 9.25 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.96%. Additionally, its Average True Range was 0.26.
During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 21.21%, which indicates a significant decrease from 60.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.32% in the past 14 days, which was lower than the 87.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.75, while its 200-day Moving Average is $3.27. Nevertheless, the first resistance level for the watch stands at $3.36 in the near term. At $3.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.61. If the price goes on to break the first support level at $3.10, it is likely to go to the next support level at $3.01. Should the price break the second support level, the third support level stands at $2.85.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats
Market capitalization of the company is 412.93 million based on 141,442K outstanding shares. Right now, sales total 114,470 K and income totals -51,210 K. The company made 22,650 K in profit during its latest quarter, and -7,660 K in sales during its previous quarter.
