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HIVE Digital Technologies (CVE:HIVE) Trading 2.5% Higher - Still a Buy?

HIVE Digital Technologies logo with Financial Services background

Shares of HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report) were up 2.5% during mid-day trading on Monday . The company traded as high as C$2.18 and last traded at C$2.03. Approximately 609,010 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 856,922 shares. The stock had previously closed at C$1.98.

HIVE Digital Technologies Price Performance

The business has a fifty day moving average of C$2.84 and a 200-day moving average of C$4.24. The company has a debt-to-equity ratio of 9.98, a quick ratio of 0.85 and a current ratio of 5.56. The firm has a market capitalization of C$188.30 million, a P/E ratio of -10.02 and a beta of 4.28.

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.

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