HIVE Digital Technologies Ltd (NASDAQ: HIVE) on Friday, soared 5.00% from the previous trading day, before settling in for the closing price of $3.2. Within the past 52 weeks, HIVE’s price has moved between $1.26 and $7.84.
A company in the Financial sector has jumped its sales by 1.63% annually for the last half of the decade. The company achieved an average annual earnings per share of -157.14%. With a float of $237.04 million, this company’s outstanding shares have now reached $237.71 million.
HIVE Digital Technologies Ltd (HIVE) Insider Updates
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of HIVE Digital Technologies Ltd is 0.28%, while institutional ownership is 23.76%.
HIVE Digital Technologies Ltd (HIVE) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.01 earnings per share (EPS) for the period topping the consensus outlook (set at -0.1) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current 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 2.55 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 4.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of HIVE Digital Technologies Ltd (HIVE)
Let’s dig in a bit further. During the last 5-days, its volume was 18.5 million. That was inferior than the volume of 19.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.89%.
During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 23.94%, which indicates a significant decrease from 26.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.35 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 $4.72, while its 200-day Moving Average is $2.76. However, in the short run, HIVE Digital Technologies Ltd’s stock first resistance to watch stands at $3.52. Second resistance stands at $3.69. The third major resistance level sits at $3.82. If the price goes on to break the first support level at $3.23, it is likely to go to the next support level at $3.10. Assuming the price breaks the second support level, the third support level stands at $2.93.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats
Market capitalization of the company is 798.71 million based on 237,712K outstanding shares. Right now, sales total 115,280 K and income totals -3,000 K. The company made 87,250 K in profit during its latest quarter, and -15,800 K in sales during its previous quarter.
