HIVE Digital Technologies Ltd. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $5.74 on 12/27/23, while the lowest price for the same period was registered at $2.18 on 05/08/24.
52-week price history of HIVE Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. HIVE Digital Technologies Ltd.’s current trading price is -33.62% away from its 52-week high, while its distance from the 52-week low is 74.77%. The stock’s price range during this period has spanned from $2.18 to $5.74. In the Financial sector, the HIVE Digital Technologies Ltd.’s shares surpassed a trading volume of approximately 7.16 million for the day, which was noticeably higher compared to the average daily volume of 9.3.43 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
HIVE Digital Technologies Ltd. (HIVE) has experienced a quarterly decline of -15.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 452.32M and boasts a workforce of 20 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.18, with a change in price of +1.18. Similarly, HIVE Digital Technologies Ltd. recorded 3,876,394 in trading volume during the last 100 days, posting a change of +44.87%.
Examining HIVE’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for HIVE stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.06.
HIVE Stock Stochastic Average
Today’s raw stochastic average for HIVE Digital Technologies Ltd. over the last 50 days is 98.41%.This indicates a increase from the raw stochastic average of the past 20 days, which was 97.98%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 85.11% and 80.17%, respectively.
HIVE Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -15.89%. However, over the last six months, the performance has been weaker by 40.59%. The price of HIVE increased 22.51% over the last 30 days. And in the last five days, it has surged by 20.95%.
