Free Trial

HIVE Digital Technologies (CVE:HIVE) Trading Up 1.9% - Here's Why

HIVE Digital Technologies logo with Financial Services background

HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) shares were up 1.9% on Tuesday . The company traded as high as C$5.37 and last traded at C$5.34. Approximately 577,990 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 628,550 shares. The stock had previously closed at C$5.24.

HIVE Digital Technologies Stock Performance

The business's 50-day simple moving average is C$4.28 and its two-hundred day simple moving average is C$4.17. The company has a quick ratio of 0.85, a current ratio of 7.35 and a debt-to-equity ratio of 10.36. The firm has a market cap of C$633.96 million, a price-to-earnings ratio of -11.13 and a beta of 4.28.

HIVE Digital Technologies Company Profile

(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.

See Also

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.

Should you invest $1,000 in HIVE Digital Technologies right now?

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

(Almost)  Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines