Should I buy or sell Hut 8 stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hut 8 in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" HUT shares. View HUT analyst ratings or view top-rated stocks .

How have HUT shares performed in 2024?

Hut 8's stock was trading at C$17.68 at the start of the year. Since then, HUT shares have decreased by 44.9% and is now trading at C$9.75. View the best growth stocks for 2024 here .

When is Hut 8's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our HUT earnings forecast .

How do I buy shares of Hut 8?

Shares of HUT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:HUT

Hut 8 (HUT) Stock Price, News & Analysis

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C$9.99

-0.02 (-0.20%)

(As of 02:15 PM ET)

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Today's Range: C$9.62
▼
C$10.12
50-Day Range: C$9.11
▼
C$14.96
52-Week Range: C$8.35
▼
C$29.90

Volume: 561,910 shs
Average Volume: 1.45 million shs
Market Capitalization: C$888.71 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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About Hut 8 Stock (TSE:HUT)

Hut 8 Corp. provides digital asset mining and high-performance computing infrastructure solutions in Canada. It operates computing infrastructure sites mines Bitcoin, as well as delivers cloud, colocation, and computing services to enterprise customers. The company was founded in 2017 and is based in Miami, Florida.

HUT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HUT Stock News Headlines

March 26, 2024 | marketbeat.com

All In: Is MicroStrategy Overleveraging Its Future on Bitcoin? (HUT)

MicroStrategy is the largest corporate holder of bitcoin, but investors have to wonder if MicroStrategy has overleveraged its future with Bitcoin

April 10, 2024 | msn.com

EXCLUSIVE: Marathon, Riot, Hut 8 CEOs Tell Benzinga How Bitcoin Halving Will Impact Miners

April 16, 2024 | Gold Safe Exchange (Ad)

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Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.

April 5, 2024 | msn.com

Hut 8, Root among financial movers

April 5, 2024 | finanznachrichten.de

Hut 8 Corp.: Hut 8 Operations Update for March 2024

April 5, 2024 | msn.com

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

April 4, 2024 | stockhouse.com

5-DAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses of $100,000 to Contact the Firm

April 2, 2024 | bloomberg.com

Upcoming Bitcoin Halving at a Different Scale: Hut 8 CEO

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 1, 2024 | msn.com

Hut 8 Mining Corp. (NASDAQ:HUT) Q4 2023 Earnings Call Transcript

March 28, 2024 | stockhouse.com

IMMINENT HUT DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Hut 8 Corp. Investors to Join the Class Action Lawsuit!

March 27, 2024 | benzinga.com

Hut 8 Mining Earnings Preview

March 27, 2024 | markets.businessinsider.com

ONGOING DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hut 8

March 22, 2024 | theglobeandmail.com

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - HUT

March 21, 2024 | stockhouse.com

TOP RANKED ROSEN LAW FIRM Encourages Hut 8 Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - HUT

March 20, 2024 | stockhouse.com

DEADLINE ALERT: Bernstein Liebhard LLP Reminds Hut 8 Corp. Investors of Upcoming Deadline

March 19, 2024 | stockhouse.com

HUT 8 (HUT) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action

March 13, 2024 | markets.businessinsider.com

Kirby McInerney LLP Reminds Investors of Lead Plaintiff Deadline in Hut 8 Corp. (HUT) Securities Class Action

March 13, 2024 | markets.businessinsider.com

HUT 8 CORP. SECURITIES FRAUD NOTICE: Berger Montague Informs Hut 8 Corp. (HUT) Investors of Securities Fraud Lawsuit

March 13, 2024 | stockhouse.com

HUT SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman LLC Reminds Hut 8 Corp. Investors to Join the Class Action Lawsuit!

March 9, 2024 | markets.businessinsider.com

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hut 8

March 7, 2024 | stockhouse.com

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses of $100,000 to Contact the Firm

March 7, 2024 | markets.businessinsider.com

STOCKHOLDER ALERT: Pending Securities Fraud Lawsuit Against Hut 8 Corp. (HUT)

March 6, 2024 | finanznachrichten.de

Hut 8 Corp.: Hut 8 Streamlines Operations with Closure of Drumheller Site

March 6, 2024 | marketwatch.com

Hut 8 Closes Drumheller Bitcoin Mining Site

March 5, 2024 | stockhouse.com

HUT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Reminds Hut 8 Corp. Investors to Join the Class Action Lawsuit!

March 3, 2024 | uk.finance.yahoo.com

HUT Mar 2024 10.500 put

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Company Calendar

Today: 4/16/2024
Next Earnings (Estimated): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Capital Markets
Sub-Industry: N/A
Current Symbol: TSE:HUT
CUSIP: N/A
CIK: N/A
Web: www.hut8mining.com
Phone: 647 256 1992
Fax: N/A
Employees: 98
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): C($1.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-69,420,000.00
Net Margins: -110.59%
Pretax Margin: N/A
Return on Equity: -122.68%
Return on Assets: -4.25%

Debt

Debt-to-Equity Ratio: 613.95
Current Ratio: 1.99
Quick Ratio: 1.26

Sales & Book Value

Annual Sales: C$62.78 million
Price / Sales: 14.18
Cash Flow: C$1.27 per share
Price / Cash Flow: 7.86
Book Value: C($0.85) per share
Price / Book: -11.78

Miscellaneous

Outstanding Shares: 88,960,000
Free Float: N/A
Market Cap: C$890.49 million
Optionable: Not Optionable
Beta: 3.45

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Key Executives

Mr. Asher Kevin Genoot (Age 28)
Co-Founder, CEO, President & Director
Comp: $339.55k
Mr. Michael Ho (Age 30)
Co- Founder, Chief Strategy Officer & Director
Comp: $339.55k
Mr. Shenif Visram C.M.A. (Age 51)
CPA, Chief Financial Officer
Mr. James Beer
Senior Vice President of Operations
Ms. Erin Dermer
Senior Vice President of Communications & Culture
Ms. Suzanne Ennis
Vice President of Corporate Development

Key Competitors

View All Competitors

HUT Stock Analysis - Frequently Asked Questions

Should I buy or sell Hut 8 stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hut 8 in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" HUT shares.
View HUT analyst ratings or view top-rated stocks.
How have HUT shares performed in 2024?: Hut 8's stock was trading at C$17.68 at the start of the year. Since then, HUT shares have decreased by 44.9% and is now trading at C$9.75.
View the best growth stocks for 2024 here.
When is Hut 8's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our HUT earnings forecast.
How do I buy shares of Hut 8?: Shares of HUT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:HUT) was last updated on 4/16/2024 by MarketBeat.com Staff

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