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HIVE Digital Technologies (CVE:HIVE) Hits New 12-Month Low - Should You Sell?

HIVE Digital Technologies logo with Financial Services background
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HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$2.37 and last traded at C$2.51, with a volume of 562848 shares traded. The stock had previously closed at C$2.50.

HIVE Digital Technologies Stock Performance

The stock has a 50 day simple moving average of C$3.62 and a 200 day simple moving average of C$4.48. The company has a market cap of C$222.29 million, a price-to-earnings ratio of -11.83 and a beta of 4.28. The company has a quick ratio of 0.85, a current ratio of 5.56 and a debt-to-equity ratio of 9.98.

HIVE Digital Technologies Company Profile

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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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