Digihost Technology (DGHI) Stock Price, News & Analysis

Company Overview

Digihost Technology Inc. operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc. was incorporated in 2017 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $1.75 to $1.90
• 50-Day Range: $1.07 to $2.15
• 52-Week Range: $0.84 to $2.54
• Volume: 141,794 shs
• Average Volume: 135,715 shs
• Market Capitalization: $58.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.50
• Consensus Rating: Buy

Digihost Technology Stock Analysis - MarketRank™

Digihost Technology scored higher than 48% of companies evaluated by MarketBeat, and ranked 188th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Digihost Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Digihost Technology has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Digihost Technology are expected to decrease in the coming year, from ($0.33) to ($1.74) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Digihost Technology is -3.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Digihost Technology is -3.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Digihost Technology has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.64% of the float of Digihost Technology has been sold short.

Short Interest Ratio / Days to Cover

Digihost Technology has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Digihost Technology has recently decreased by 7.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Digihost Technology does not currently pay a dividend.

Dividend Growth

Digihost Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.64% of the float of Digihost Technology has been sold short.

Short Interest Ratio / Days to Cover

Digihost Technology has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Digihost Technology has recently decreased by 7.56%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.59

News Sentiment

Digihost Technology has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Digihost Technology this week, compared to 1 article on an average week.

MarketBeat Follows

3 people have added Digihost Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Digihost Technology insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 1.93% of the stock of Digihost Technology is held by institutions.

DGHI Stock Analysis - Frequently Asked Questions

How have DGHI shares performed this year?

Digihost Technology's stock was trading at $2.29 on January 1st, 2024. Since then, DGHI shares have decreased by 22.7% and is now trading at $1.77.
View the best growth stocks for 2024 here.

How were Digihost Technology's earnings last quarter?

Digihost Technology Inc. (NASDAQ:DGHI) posted its quarterly earnings results on Tuesday, May, 14th. The company reported $0.17 earnings per share for the quarter. The company earned $12.96 million during the quarter. Digihost Technology had a negative net margin of 41.33% and a negative trailing twelve-month return on equity of 36.00%.

Who are Digihost Technology's major shareholders?

Digihost Technology's top institutional shareholders include Jane Street Group LLC (0.26%).

How do I buy shares of Digihost Technology?

Shares of DGHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Digihost Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Digihost Technology investors own include LifeMD (LFMD), Dorian LPG (LPG), Construction Partners (ROAD), Broadcom (AVGO), NVIDIA (NVDA) and Salesforce (CRM).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:DGHI
• CUSIP: N/A
• CIK: 1854368
• Web: www.hashchain.ca
• Phone: (818) 280-9758
• Fax: N/A
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.50
• High Stock Price Target: $2.50
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +41.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,890,000.00
• Net Margins: -41.33%
• Pretax Margin: -41.16%
• Return on Equity: -36.00%
• Return on Assets: -25.95%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.09
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $42.15 million
• Price / Sales: 1.39
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.01 per share
• Price / Book: 1.75

Miscellaneous

• Outstanding Shares: 33,012,000
• Free Float: N/A
• Market Cap: $58.43 million
• Optionable: Not Optionable
• Beta: 5.25