HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) will issue its quarterly earnings data before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter.
HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last announced its earnings results on Monday, August 12th. The company reported ($0.08) EPS for the quarter, hitting the consensus estimate of ($0.08). The firm had revenue of $32.24 million for the quarter, compared to the consensus estimate of $31.85 million. HIVE Digital Technologies had a negative net margin of 25.74% and a negative return on equity of 20.88%. On average, analysts expect HIVE Digital Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
HIVE Digital Technologies Stock Up 11.1 %
Shares of HIVE Digital Technologies stock traded up $0.45 on Thursday, hitting $4.52. The company had a trading volume of 7,764,969 shares, compared to its average volume of 3,461,521. The stock has a 50-day moving average of $3.29 and a 200-day moving average of $3.13. The company has a debt-to-equity ratio of 0.06, a current ratio of 7.35 and a quick ratio of 7.35. HIVE Digital Technologies has a twelve month low of $2.18 and a twelve month high of $5.74. The firm has a market capitalization of $552.53 million, a P/E ratio of -11.81 and a beta of 3.43.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. Cantor Fitzgerald started coverage on HIVE Digital Technologies in a research note on Tuesday, October 29th. They issued an "overweight" rating and a $9.00 price target on the stock. Canaccord Genuity Group reissued a "buy" rating and issued a $6.00 target price on shares of HIVE Digital Technologies in a research report on Wednesday, August 21st. B. Riley initiated coverage on HIVE Digital Technologies in a research report on Friday, July 19th. They set a "buy" rating and a $6.00 price target for the company. Northland Securities assumed coverage on shares of HIVE Digital Technologies in a report on Thursday, September 19th. They issued an "outperform" rating and a $5.50 price objective on the stock. Finally, Northland Capmk raised shares of HIVE Digital Technologies to a "strong-buy" rating in a research report on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, HIVE Digital Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $6.25.
Check Out Our Latest Report on HIVE
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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