Shares of 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 were traded 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 Up 20.9%
The company has a fifty day simple moving average of C$2.56 and a two-hundred day simple moving average of C$3.12. 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 stock has a market capitalization of C$273.27 million, a P/E ratio of -14.54 and a beta of 4.28.
Insiders Place Their Bets
In other HIVE Digital Technologies news, Director Dave Perrill sold 100,000 shares of the company's 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. Corporate insiders own 0.40% of the company's stock.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider HIVE Digital Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HIVE Digital Technologies wasn't on the list.
While HIVE Digital Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
