HIVE Digital Technologies Ltd (NASDAQ: HIVE) on Monday, soared 7.83% from the previous trading day, before settling in for the closing price of $1.66. Within the past 52 weeks, HIVE’s price has moved between $1.61 and $5.54.
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During the last 5-year period, the sales growth of Financial Sector giant was 58.55%. The company achieved an average annual earnings per share of 72.98%. With a float of $157.31 million, this company’s outstanding shares have now reached $158.09 million.
Let’s determine the extent of company efficiency that accounts for 20 employees. In terms of profitability, gross margin is -11.43%, operating margin of -2.56%, and the pretax margin is -3.39%.
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 0.49%, while institutional ownership is 20.32%.
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 72.98% 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 10.41 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 2.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of HIVE Digital Technologies Ltd (HIVE)
Looking closely at HIVE Digital Technologies Ltd (NASDAQ: HIVE), its last 5-days average volume was 9.49 million, which is a drop from its year-to-date volume of 10.21 million. As of the previous 9 days, the stock’s Stochastic %D was 40.96%. Additionally, its Average True Range was 0.15.
During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 4.58%, which indicates a significant decrease from 41.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.99% in the past 14 days, which was higher than the 85.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4719, while its 200-day Moving Average is $3.2004. However, in the short run, HIVE Digital Technologies Ltd’s stock first resistance to watch stands at $1.8167. Second resistance stands at $1.8433. The third major resistance level sits at $1.8967. If the price goes on to break the first support level at $1.7367, it is likely to go to the next support level at $1.6833. Should the price break the second support level, the third support level stands at $1.6567.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats
Market capitalization of the company is 282.98 million based on 158,093K outstanding shares. Right now, sales total 114,470 K and income totals -51,210 K. The company made 29,230 K in profit during its latest quarter, and 1,270 K in sales during its previous quarter.
