TSE:HUT

Hut 8 (HUT) Stock Price, News & Analysis

C$12.45
+0.30 (+2.47%)
(As of 05/17/2024 ET)
Today's Range
C$11.97
C$12.98
50-Day Range
C$9.55
C$14.96
52-Week Range
C$8.35
C$29.90
Volume
1.18 million shs
Average Volume
1.35 million shs
Market Capitalization
C$1.11 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
HUT stock logo

About Hut 8 Stock (TSE:HUT)

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

HUT Stock Price History

HUT Stock News Headlines

What Drove Hut 8 Earnings Beat? 4 Analysts Provide Their Q1 Takeaways
Hut 8 (TSE:HUT) Upgraded by Craig Hallum to Strong-Buy
Hut 8 Corp.: Hut 8 Operations Update for April 2024
Hut 8, Root among financial movers
Hut 8 Corp.: Hut 8 Operations Update for March 2024
Hut 8 Mining Earnings Preview
See More Headlines
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Company Calendar

Today
5/17/2024
Next Earnings (Estimated)
8/12/2024

Industry, Sector and Symbol

Industry
Capital Markets
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
219
Year Founded
N/A

Profitability

Net Income
C$12.42 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$121.21 million
Cash Flow
C$1.64 per share
Book Value
C$5.48 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.16 billion
Optionable
Not Optionable
Beta
3.45
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Key Executives

  • Mr. Asher Kevin Genoot (Age 28)
    Co-Founder, CEO, President & Director
    Comp: $757.77k
  • Mr. Michael Ho (Age 30)
    Co- Founder, Chief Strategy Officer & Director
    Comp: $748.06k
  • Mr. Shenif Visram C.M.A. (Age 50)
    C.P.A., Chief Financial Officer
  • Mr. James Beer
    Senior Vice President of Operations
  • Ms. Erin Dermer
    Senior Vice President of Communications & Culture
  • Ms. Suzanne Ennis
    Vice President of Corporate Development

HUT Stock Analysis - Frequently Asked Questions

Should I buy or sell Hut 8 stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hut 8 in the last year. There are currently 1 sell rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HUT shares.
View HUT analyst ratings
or view top-rated stocks.

How have HUT shares performed in 2024?

Hut 8's stock was trading at C$17.68 at the start of the year. Since then, HUT shares have decreased by 29.6% and is now trading at C$12.45.
View the best growth stocks for 2024 here
.

When is Hut 8's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our HUT earnings forecast
.

How do I buy shares of Hut 8?

Shares of HUT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:HUT) was last updated on 5/17/2024 by MarketBeat.com Staff

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