HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) rose 20.7% on Wednesday . The stock traded as high as C$3.12 and last traded at C$2.97. Approximately 2,961,522 shares changed hands during trading, an increase of 255% from the average daily volume of 834,140 shares. The stock had previously closed at C$2.46.
HIVE Digital Technologies Trading Down 2.9%
The company has a quick ratio of 0.85, a current ratio of 5.56 and a debt-to-equity ratio of 9.98. The business has a fifty day simple moving average of C$2.60 and a 200 day simple moving average of C$3.08. The company has a market cap of C$281.07 million, a price-to-earnings ratio of -14.95 and a beta of 4.28.
Insider Buying and Selling
In other HIVE Digital Technologies news, Director Dave Perrill sold 100,000 shares of the firm's 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. Company insiders own 0.40% of the company's stock.
About HIVE Digital Technologies
(
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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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