On Friday, HIVE Digital Technologies Ltd (NASDAQ: HIVE) was 12.50% up from the session before settling in for the closing price of $1.84. A 52-week range for HIVE has been $1.26 – $5.54.
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
Annual sales at Financial sector company grew by 75.23% over the past five years. When this article was written, the company’s average yearly earnings per share was at 72.63%. With a float of $157.31 million, this company’s outstanding shares have now reached $158.09 million.
Let’s look at the performance matrix of the company that is accounted for 20 employees. In terms of profitability, gross margin is -11.43%, operating margin of -19.18%, and the pretax margin is -3.39%.
HIVE Digital Technologies Ltd (HIVE) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward HIVE Digital Technologies Ltd stocks. The insider ownership of HIVE Digital Technologies Ltd is 0.49%, while institutional ownership is 18.70%.
HIVE Digital Technologies Ltd (HIVE) Latest Financial update
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 72.63% per share during the next fiscal year.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Trading Performance Indicators
You can see what HIVE Digital Technologies Ltd (HIVE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 10.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.16 in one year’s time.
Technical Analysis of HIVE Digital Technologies Ltd (HIVE)
HIVE Digital Technologies Ltd (NASDAQ: HIVE) saw its 5-day average volume 16.14 million, a positive change from its year-to-date volume of 9.72 million. As of the previous 9 days, the stock’s Stochastic %D was 75.23%. Additionally, its Average True Range was 0.13.
During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 36.32%, which indicates a significant decrease from 97.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.16% in the past 14 days, which was lower than the 76.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.67, while its 200-day Moving Average is $2.87. Nevertheless, the first resistance level for the watch stands at $2.14 in the near term. At $2.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.34. If the price goes on to break the first support level at $1.94, it is likely to go to the next support level at $1.81. The third support level lies at $1.74 if the price breaches the second support level.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats
There are 177,081K outstanding shares of the company, which has a market capitalization of 327.25 million. As of now, sales total 114,470 K while income totals -51,210 K. Its latest quarter income was 29,230 K while its last quarter net income were 1,270 K.
