Hut 8 Mining Corp. (HUT) is priced at $1.92 after the most recent trading session. At the very opening of the session, the stock price was $1.66 and reached a high price of $1.93, prior to closing the session it reached the value of $1.66. The stock touched a low price of $1.57.Recently in News on January 6, 2023, Hut 8 Mining Production and Operations Update for December 2022. 161 Bitcoin mined in December. You can read further details here
Hut 8 Mining Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.9300 on 01/20/23, with the lowest value was $0.8110 for the same time period, recorded on 01/03/23.
Hut 8 Mining Corp. (HUT) full year performance was -68.37%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Hut 8 Mining Corp. shares are logging -76.98% during the 52-week period from high price, and 146.15% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.78 and $8.34.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 17737857 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Hut 8 Mining Corp. (HUT) recorded performance in the market was 125.88%, having the revenues showcasing 0.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 489.60M, as it employees total of 43 workers.
Hut 8 Mining Corp. (HUT) in the eye of market guru’s
During the last month, 3 analysts gave the Hut 8 Mining Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.5871, with a change in the price was noted -0.15. In a similar fashion, Hut 8 Mining Corp. posted a movement of -7.25% for the period of last 100 days, recording 7,926,720 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for HUT is recording 0.10 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.07.
Hut 8 Mining Corp. (HUT): Stocks Technical analysis and Trends
Raw Stochastic average of Hut 8 Mining Corp. in the period of last 50 days is set at 85.39%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 99.13%. In the last 20 days, the company’s Stochastic %K was 80.96% and its Stochastic %D was recorded 82.40%.
If we look into the earlier routines of Hut 8 Mining Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 125.88%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -15.04%, alongside a downfall of -68.37% for the period of the last 12 months. The shares increased approximately by 34.27% in the 7-day charts and went down by 120.69% in the period of the last 30 days. Common stock shares were lifted by 0.00% during last recorded quarter.