On Tuesday, Hut 8 Corp (NASDAQ: HUT) was -9.99% drop from the session before settling in for the closing price of $24.42. A 52-week range for HUT has been $8.73 – $31.95.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Financial Sector giant was 105.42%. When this article was written, the company’s average yearly earnings per share was at -107.21%. With a float of $93.54 million, this company’s outstanding shares have now reached $104.42 million.
Let’s determine the extent of company efficiency that accounts for 222 employees. In terms of profitability, gross margin is 65.95%, operating margin of 173.34%, and the pretax margin is 106.22%.
Hut 8 Corp (HUT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hut 8 Corp stocks. The insider ownership of Hut 8 Corp is 11.36%, while institutional ownership is 61.98%. The most recent insider transaction that took place on Jun 23 ’25, was worth 174,585. In this transaction Director of this company sold 11,069 shares at a rate of $15.77, taking the stock ownership to the 19,791 shares. Before that another transaction happened on Jun 23 ’25, when Company’s Director proposed sale 11,069 for $15.77, making the entire transaction worth $174,585.
Hut 8 Corp (HUT) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.13 earnings per share (EPS) during the time that was better than consensus figure (set at -0.38) by 0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -107.21% per share during the next fiscal year.
Hut 8 Corp (NASDAQ: HUT) Trading Performance Indicators
You can see what Hut 8 Corp (HUT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Hut 8 Corp (HUT)
Looking closely at Hut 8 Corp (NASDAQ: HUT), its last 5-days average volume was 6.25 million, which is a jump from its year-to-date volume of 5.66 million. As of the previous 9 days, the stock’s Stochastic %D was 79.13%.
During the past 100 days, Hut 8 Corp’s (HUT) raw stochastic average was set at 81.07%, which indicates a significant increase from 54.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.66 in the past 14 days, which was higher than the 1.20 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.22, while its 200-day Moving Average is $19.03. However, in the short run, Hut 8 Corp’s stock first resistance to watch stands at $23.77. Second resistance stands at $25.57. The third major resistance level sits at $26.70. If the price goes on to break the first support level at $20.84, it is likely to go to the next support level at $19.71. Should the price break the second support level, the third support level stands at $17.91.
Hut 8 Corp (NASDAQ: HUT) Key Stats
There are 105,528K outstanding shares of the company, which has a market capitalization of 2.32 billion. As of now, sales total 162,390 K while income totals 331,880 K. Its latest quarter income was 41,300 K while its last quarter net income were 137,310 K.
