Hut 8 Corp (NASDAQ: HUT) on Tuesday, soared 5.59% from the previous trading day, before settling in for the closing price of $15.21. Within the past 52 weeks, HUT’s price has moved between $8.73 and $31.95.
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During the last 5-year period, the sales growth of Financial Sector giant was 21.32%. The company achieved an average annual earnings per share of -144.21%. With a float of $92.46 million, this company’s outstanding shares have now reached $104.15 million.
Let’s determine the extent of company efficiency that accounts for 222 employees. In terms of profitability, gross margin is -141.29%, operating margin of 247.78%, and the pretax margin is 17.69%.
Hut 8 Corp (HUT) Insider Activity
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Hut 8 Corp is 11.28%, while institutional ownership is 59.81%. The most recent insider transaction that took place on May 05 ’25, was worth 147,186. In this transaction Chief Legal Officer of this company sold 11,363 shares at a rate of $12.95, taking the stock ownership to the 15,738 shares. Before that another transaction happened on May 05 ’25, when Company’s Officer proposed sale 11,363 for $12.95, making the entire transaction worth $147,186.
Hut 8 Corp (HUT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -144.21% per share during the next fiscal year.
Hut 8 Corp (NASDAQ: HUT) Trading Performance Indicators
Hut 8 Corp (HUT) is currently performing well based on its current performance indicators. A quick ratio of 1.26 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 12.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.56, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.06 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 6.14 million, which is a jump from its year-to-date volume of 5.61 million. As of the previous 9 days, the stock’s Stochastic %D was 25.06%. Additionally, its Average True Range was 1.10.
During the past 100 days, Hut 8 Corp’s (HUT) raw stochastic average was set at 31.29%, which indicates a significant decrease from 42.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.76% in the past 14 days, which was lower than the 95.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.67, while its 200-day Moving Average is $16.90. However, in the short run, Hut 8 Corp’s stock first resistance to watch stands at $16.38. Second resistance stands at $16.69. The third major resistance level sits at $17.18. If the price goes on to break the first support level at $15.58, it is likely to go to the next support level at $15.09. Should the price break the second support level, the third support level stands at $14.78.
Hut 8 Corp (NASDAQ: HUT) Key Stats
Market capitalization of the company is 1.67 billion based on 104,220K outstanding shares. Right now, sales total 162,390 K and income totals 331,880 K. The company made 21,820 K in profit during its latest quarter, and -133,890 K in sales during its previous quarter.
