HIVE Digital Technologies (CVE:HIVE) Reaches New 52-Week Low - Here's Why

Shares of HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$2.42 and last traded at C$2.47, with a volume of 470648 shares changing hands. The stock had previously closed at C$2.48.

HIVE Digital Technologies Trading Up 2.0 %

The business's 50 day moving average price is C$3.95 and its two-hundred day moving average price is C$4.59. The company has a current ratio of 5.56, a quick ratio of 0.85 and a debt-to-equity ratio of 9.98. The company has a market capitalization of C$232.39 million, a price-to-earnings ratio of -12.36 and a beta of 4.28.

About HIVE Digital Technologies

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.

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.