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Digihost Technology's (DGXX) "Buy" Rating Reaffirmed at HC Wainwright

Digihost Technology logo with Financial Services background

Digihost Technology (NASDAQ:DGXX - Get Free Report)'s stock had its "buy" rating reissued by HC Wainwright in a research report issued on Thursday,Benzinga reports. They currently have a $2.50 target price on the stock. HC Wainwright's target price suggests a potential upside of 10.62% from the stock's previous close.

Digihost Technology Trading Down 7.8%

NASDAQ:DGXX traded down $0.19 during trading hours on Thursday, reaching $2.26. The stock had a trading volume of 1,344,738 shares, compared to its average volume of 1,154,908. The stock has a 50 day moving average of $1.37. Digihost Technology has a 12-month low of $0.84 and a 12-month high of $3.77. The firm has a market capitalization of $82.18 million, a PE ratio of -4.35 and a beta of 5.33.

Digihost Technology (NASDAQ:DGXX - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.42) by $0.37. The firm had revenue of $9.28 million during the quarter, compared to analysts' expectations of $12.10 million.

Digihost Technology 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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