HIVE Digital Technologies Ltd [NASDAQ: HIVE] closed the trading session at $2.92.
The stocks have a year to date performance of 2.46 percent and weekly performance of -12.84 percent. The stock has been moved at -23.96 percent over the last six months. The stock has performed -26.63 percent around the most recent 30 days and changed -7.30 percent over the most recent 3-months.
If compared to the average trading volume of 7.52M shares, HIVE reached to a volume of 8169146 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about HIVE Digital Technologies Ltd [HIVE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HIVE shares is $8.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HIVE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for HIVE Digital Technologies Ltd shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 08, 2025. While these analysts kept the previous recommendation, ROTH MKM raised their target price to Buy. The new note on the price target was released on December 19, 2024, representing the official price target for HIVE Digital Technologies Ltd stock. Previously, the target price had yet another raise to $9, while Cantor Fitzgerald analysts kept a Overweight rating on HIVE stock.
The Average True Range (ATR) for HIVE Digital Technologies Ltd is set at 0.27, with the Price to Sales ratio for HIVE stock in the period of the last 12 months amounting to 3.06. The Price to Book ratio for the last quarter was 1.24, with the Price to Cash per share for the same quarter was set at 1.53.
HIVE stock trade performance evaluation
HIVE Digital Technologies Ltd [HIVE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.84. With this latest performance, HIVE shares dropped by -26.63% in over the last four-week period, additionally sinking by -23.96% over the last 6 months – not to mention a drop of -28.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HIVE stock in for the last two-week period is set at 37.55, with the RSI for the last a single of trading hit 35.18, and the three-weeks RSI is set at 40.16 for HIVE Digital Technologies Ltd [HIVE]. The present Moving Average for the last 50 days of trading for this stock 3.77, while it was recorded at 3.02 for the last single week of trading, and 3.27 for the last 200 days.
HIVE Digital Technologies Ltd [HIVE]: An insightful look at the core fundamentals
HIVE Digital Technologies Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.56 and a Current Ratio set at 5.56.
HIVE Digital Technologies Ltd [HIVE]: Institutional Ownership
There are presently around $23.73%, or 23.83%% of HIVE stock, in the hands of institutional investors.
