HIVE Digital Technologies Ltd (HIVE) plunged -5.59 in the last month: It’s impossible to believe the numbers

Zack King

HIVE Digital Technologies Ltd (NASDAQ: HIVE) kicked off on Tuesday, down -5.59% from the previous trading day, before settling in for the closing price of $5.9. Over the past 52 weeks, HIVE has traded in a range of $1.26-$7.84.

It was noted that within the last five years, the titan of the Financial sector saw sales topped by 1.63%. While this was happening, its average annual earnings per share was recorded -1100.00%. With a float of $230.34 million, this company’s outstanding shares have now reached $231.52 million.

HIVE Digital Technologies Ltd (HIVE) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of HIVE Digital Technologies Ltd is 0.51%, while institutional ownership is 21.25%.

HIVE Digital Technologies Ltd (HIVE) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.06 earnings per share (EPS), higher than consensus estimate (set at -0.1) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1100.00% per share during the next fiscal year.

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

Take a look at HIVE Digital Technologies Ltd’s (HIVE) current performance indicators. Last quarter, stock had a quick ratio of 3.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.40 in one year’s time.

Technical Analysis of HIVE Digital Technologies Ltd (HIVE)

The latest stats from [HIVE Digital Technologies Ltd, HIVE] show that its last 5-days average volume of 24.22 million was superior to 19.82 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.14%.

During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 63.62%, which indicates a significant increase from 26.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.70 in the past 14 days, which was higher than the 0.27 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.25, while its 200-day Moving Average is $2.63. Now, the first resistance to watch is $5.84. This is followed by the second major resistance level at $6.11. The third major resistance level sits at $6.27. If the price goes on to break the first support level at $5.41, it is likely to go to the next support level at $5.25. Assuming the price breaks the second support level, the third support level stands at $4.98.

HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats

The company with the Market Capitalisation of 1.29 billion has total of 237,405K Shares Outstanding. Its annual sales at the moment are 115,280 K in contrast with the sum of -3,000 K annual income. Company’s last quarter sales were recorded 45,610 K and last quarter income was 35,020 K.

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