HIVE Digital Technologies (CVE:HIVE) Trading Up 4.8%

→ The asset beating inflation by 4x (From Colonial Metals) (Ad)

HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report)'s share price was up 4.8% during mid-day trading on Friday . The company traded as high as C$3.74 and last traded at C$3.74. Approximately 230,604 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 697,024 shares. The stock had previously closed at C$3.57.

Get HIVE alerts:

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus upped their price target on shares of HIVE Digital Technologies from C$6.50 to C$9.00 in a research note on Tuesday, January 9th.

Check Out Our Latest Stock Analysis on HIVE Digital Technologies

HIVE Digital Technologies Trading Up 4.8 %

The stock has a 50-day simple moving average of C$4.64 and a two-hundred day simple moving average of C$4.68. The company has a debt-to-equity ratio of 18.26, a quick ratio of 0.85 and a current ratio of 3.51. The firm has a market cap of C$346.10 million, a PE ratio of -6.03 and a beta of 4.29.

Insiders Place Their Bets

In other HIVE Digital Technologies news, Director Dave Perrill sold 10,000 shares of the business's stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of C$4.11, for a total value of C$41,100.00. In the last 90 days, insiders sold 75,000 shares of company stock valued at $322,175. 0.24% of the stock is owned by insiders.

HIVE Digital Technologies Company Profile

(Get Free Report)

Ad Banyan Hill Publishing

Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years

If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)

Watch my video for all of the details

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.

Should you invest $1,000 in HIVE Digital Technologies right now?

Before you consider HIVE Digital Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HIVE Digital Technologies wasn't on the list.

While HIVE Digital Technologies currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here