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HIVE Digital Technologies (CVE:HIVE) Shares Down 7.2% - Here's Why

HIVE Digital Technologies logo with Financial Services background
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HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report)'s stock price fell 7.2% during mid-day trading on Monday . The company traded as low as C$2.69 and last traded at C$2.69. 185,361 shares were traded during trading, a decline of 79% from the average session volume of 870,561 shares. The stock had previously closed at C$2.90.

HIVE Digital Technologies Trading Up 3.7 %

The stock has a 50 day moving average of C$3.80 and a 200-day moving average of C$4.53. The company has a market capitalization of C$229.63 million, a P/E ratio of -12.22 and a beta of 4.28. The company has a current ratio of 5.56, a quick ratio of 0.85 and a debt-to-equity ratio of 9.98.

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.

Further Reading

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