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HIVE Digital Technologies (CVE:HIVE) Stock Price Up 6.9% - Should You Buy?

HIVE Digital Technologies logo with Financial Services background

HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) shot up 6.9% during mid-day trading on Wednesday . The stock traded as high as C$4.54 and last traded at C$4.48. 698,064 shares changed hands during trading, a decline of 1% from the average session volume of 708,356 shares. The stock had previously closed at C$4.19.

HIVE Digital Technologies Price Performance

The stock has a market capitalization of C$552.05 million, a PE ratio of -9.69 and a beta of 4.28. The company has a current ratio of 7.35, a quick ratio of 0.85 and a debt-to-equity ratio of 10.36. The firm's 50-day moving average price is C$5.26 and its 200-day moving average price is C$4.81.

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.

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