HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report)'s share price rose 19.5% during mid-day trading on Wednesday . The stock traded as high as C$3.12 and last traded at C$2.94. Approximately 2,440,747 shares were traded during trading, an increase of 196% from the average daily volume of 823,337 shares. The stock had previously closed at C$2.46.
HIVE Digital Technologies Trading Up 2.6%
The company has a debt-to-equity ratio of 9.98, a current ratio of 5.56 and a quick ratio of 0.85. The firm has a market capitalization of C$289.34 million, a P/E ratio of -15.39 and a beta of 4.28. The firm has a fifty day simple moving average of C$2.57 and a two-hundred day simple moving average of C$3.12.
Insider Buying and Selling
In related news, Director Dave Perrill sold 100,000 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of C$2.79, for a total value of C$279,000.00. 0.40% of the stock is currently owned by insiders.
About HIVE Digital Technologies
(
Get Free Report)
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.
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