HIVE Digital Technologies (CVE:HIVE) Shares Down 3.5% - Time to Sell?

Shares of HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) traded down 3.5% during mid-day trading on Friday . The stock traded as low as C$3.04 and last traded at C$3.04. 193,700 shares changed hands during trading, a decline of 77% from the average session volume of 859,598 shares. The stock had previously closed at C$3.15.

HIVE Digital Technologies Stock Down 2.9%

The company has a debt-to-equity ratio of 9.98, a quick ratio of 0.85 and a current ratio of 5.56. The firm has a fifty day simple moving average of C$2.60 and a 200-day simple moving average of C$3.09. The company has a market capitalization of C$281.07 million, a PE ratio of -14.95 and a beta of 4.28.

Insider Transactions at HIVE Digital Technologies

In other HIVE Digital Technologies news, Director Dave Perrill sold 100,000 shares of HIVE Digital Technologies stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of C$2.79, for a total transaction of C$279,000.00. 0.40% of the stock is owned by corporate insiders.

About HIVE Digital Technologies

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.