Digi Power X Inc. (NASDAQ:DGXX - Get Free Report)'s stock price fell 4% during trading on Wednesday . The company traded as low as $2.56 and last traded at $2.62. 1,234,508 shares traded hands during mid-day 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 issued a $2.50 price target on shares of Digi Power X in a report on Thursday, June 12th.
Read Our Latest Stock Report on Digi Power X
Digi Power X Stock Performance
The stock has a market capitalization of $99.95 million, a price-to-earnings ratio of -4.81 and a beta of 5.71. The business has a 50 day moving average price of $2.03.
Digi Power X (NASDAQ:DGXX - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $9.28 million during the quarter, compared to the consensus estimate of $12.10 million. Digi Power X had a negative net margin of 40.00% and a negative return on equity of 47.32%.
Digi Power X Company Profile
(
Get Free Report)
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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