Digi Power X Inc. (NASDAQ:DGXX - Get Free Report)'s stock price fell 4% during mid-day trading on Wednesday . The stock traded as low as $2.56 and last traded at $2.62. 1,234,508 shares changed hands during trading, a decline of 29% from the average session volume of 1,729,017 shares. The stock had previously closed at $2.73.
Analyst Ratings Changes
Separately, HC Wainwright reaffirmed a "buy" rating and set a $2.50 price target on shares of Digi Power X in a research note on Thursday, June 12th.
View Our Latest Stock Analysis on Digi Power X
Digi Power X Stock Performance
The business has a 50 day moving average price of $1.98. The stock has a market capitalization of $98.60 million, a PE ratio of -5.06 and a beta of 5.71.
Digi Power X (NASDAQ:DGXX - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.37. Digi Power X had a negative return on equity of 47.32% and a negative net margin of 40.00%. The firm had revenue of $9.28 million during the quarter, compared to analyst estimates of $12.10 million.
About Digi Power X
(
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Digihost Technology Inc operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
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