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HIVE Digital Technologies (CVE:HIVE) Trading Down 5.6% - Here's What Happened

HIVE Digital Technologies logo with Financial Services background

HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report)'s share price traded down 5.6% during mid-day trading on Monday . The stock traded as low as C$2.34 and last traded at C$2.37. 127,834 shares changed hands during trading, a decline of 85% from the average session volume of 825,260 shares. The stock had previously closed at C$2.51.

HIVE Digital Technologies Trading Up 6.4 %

The business has a fifty day simple moving average of C$2.32 and a 200-day simple moving average of C$3.99. The firm has a market cap of C$230.55 million, a price-to-earnings ratio of -12.27 and a beta of 4.28. The company has a debt-to-equity ratio of 9.98, a quick ratio of 0.85 and a current ratio of 5.56.

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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