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HIVE Digital Technologies (CVE:HIVE) Stock Price Down 2.5% - What's Next?

HIVE Digital Technologies logo with Financial Services background

Shares of HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) fell 2.5% during trading on Friday . The company traded as low as C$3.06 and last traded at C$3.07. 70,041 shares traded hands during trading, a decline of 92% 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 quick ratio of 0.85, a current ratio of 5.56 and a debt-to-equity ratio of 9.98. The company has a market capitalization of C$281.07 million, a PE ratio of -14.95 and a beta of 4.28. The business's 50 day simple moving average is C$2.60 and its 200 day simple moving average is C$3.08.

Insider Buying and Selling

In other HIVE Digital Technologies news, Director Dave Perrill sold 100,000 shares of the company's stock in a transaction dated Thursday, May 22nd. The shares were 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.

Further Reading

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