A new trading day began on Tuesday, with HIVE Digital Technologies Ltd (NASDAQ: HIVE) stock price down -2.33% from the previous day of trading, before settling in for the closing price of $4.73. HIVE’s price has 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. Meanwhile, its annual earnings per share averaged -675.00%. With a float of $230.60 million, this company’s outstanding shares have now reached $231.52 million.
HIVE Digital Technologies Ltd (HIVE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of HIVE Digital Technologies Ltd is 0.40%, while institutional ownership is 22.83%.
HIVE Digital Technologies Ltd (HIVE) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.06 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -675.00% per share during the next fiscal year.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Trading Performance Indicators
Here are HIVE Digital Technologies Ltd’s current performance indicators. According to the last quarter’s results, the 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 8.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.30 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 19.39 million was lower than the volume posted last year of 19.86 million. As of the previous 9 days, the stock’s Stochastic %D was 17.86%.
During the past 100 days, HIVE Digital Technologies Ltd’s (HIVE) raw stochastic average was set at 48.40%, which indicates a significant increase from 9.68% 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 0.30 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 $2.73. Now, the first resistance to watch is $4.72. This is followed by the second major resistance level at $4.83. The third major resistance level sits at $4.95. If the price goes on to break the first support level at $4.49, it is likely to go to the next support level at $4.37. Should the price break the second support level, the third support level stands at $4.26.
HIVE Digital Technologies Ltd (NASDAQ: HIVE) Key Stats
With a market capitalization of 1.07 billion, the company has a total of 237,696K Shares Outstanding. Currently, annual sales are 115,280 K while annual income is -3,000 K. The company’s previous quarter sales were 45,610 K while its latest quarter income was 35,020 K.
