HIVE Digital Technologies Ltd (HIVE) volume exceeds 30.46 million: A new investment opportunity for investors

Sana Meer

On Monday, HIVE Digital Technologies Ltd (NASDAQ: HIVE) opened higher 7.55% from the last session, before settling in for the closing price of $3.31. Price fluctuations for HIVE have ranged from $1.26 to $7.84 over the past 52 weeks.

Financial Sector giant saw their annual sales surged by 1.63% over the last five years. Company’s average yearly earnings per share was noted -475.00% at the time writing. With a float of $230.92 million, this company’s outstanding shares have now reached $236.82 million.

HIVE Digital Technologies Ltd (HIVE) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of HIVE Digital Technologies Ltd is 0.26%, while institutional ownership is 24.44%.

HIVE Digital Technologies Ltd (HIVE) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.1) by 0.04.

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

Check out the current performance indicators for HIVE Digital Technologies Ltd (HIVE). In the past quarter, the stock posted a quick ratio of 2.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.11 in one year’s time.

Technical Analysis of HIVE Digital Technologies Ltd (HIVE)

Analysing the last 5-days average volume posted by the [HIVE Digital Technologies Ltd, HIVE], we can find that recorded value of 22.64 million was better than the volume posted last year of 19.93 million. As of the previous 9 days, the stock’s Stochastic %D was 6.13%.

During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 29.61%, which indicates a significant increase from 11.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.40 in the past 14 days, which was higher than the 0.32 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.79, while its 200-day Moving Average is $2.74. Now, the first resistance to watch is $3.81. This is followed by the second major resistance level at $4.06. The third major resistance level sits at $4.33. If the price goes on to break the first support level at $3.29, it is likely to go to the next support level at $3.02. Now, if the price goes above the second support level, the third support stands at $2.77.

HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats

There are currently 237,712K shares outstanding in the company with a market cap of 824.21 million. Presently, the company’s annual sales total 115,280 K according to its annual income of -3,000 K. Last quarter, the company’s sales amounted to 45,610 K and its income totaled 35,020 K.

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