Hut 8 Corp [NASDAQ: HUT] traded at a low on Tuesday, posting a -7.96 loss after which it closed the day’ session at $16.99.
The results of the trading session contributed to over 5308795 shares changing hands. Over the past one week, the price volatility of Hut 8 Corp stands at 5.91% while the volatility over the past one month is 5.03%.
The market cap for HUT stock reached $1.77 billion, with 104.15 million shares outstanding and 92.46 million shares in the current float. Compared to the average trading volume of 6.19M shares, HUT reached a trading volume of 5308795 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hut 8 Corp [HUT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HUT shares is $24.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HUT 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.
Roth Capital have made an estimate for Hut 8 Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 06, 2025. While these analysts kept the previous recommendation, Citizens JMP raised their target price to Mkt Outperform. The new note on the price target was released on May 22, 2025, representing the official price target for Hut 8 Corp stock. Previously, the target price had yet another raise to $25, while B. Riley Securities analysts kept a Buy rating on HUT stock.
The Average True Range (ATR) for Hut 8 Corp is set at 1.18, with the Price to Sales ratio for HUT stock in the period of the last 12 months amounting to 13.37. The Price to Book ratio for the last quarter was 1.84, with the Price to Cash per share for the same quarter was set at 1.81.
How has HUT stock performed recently?
Hut 8 Corp [HUT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.31. With this latest performance, HUT shares dropped by -0.82% in over the last four-week period, additionally sinking by -37.81% over the last 6 months – not to mention a rise of 47.61% in the past year of trading.
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Hut 8 Corp [HUT]: Deeper insight into the fundamentals
Hut 8 Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.26 and a Current Ratio set at 1.26.
Insider trade positions for Hut 8 Corp [HUT]
The top three institutional holders of HUT stocks are: BLACKROCK INC. with ownership of 6.27 million shares, which is approximately 6.955%. VANGUARD GROUP INC, holding 5.6 million shares of the stock with an approximate value of $$83.99 million in HUT stocks shares; and VANGUARD GROUP INC, currently with $$47.05 million in HUT stock with ownership which is approximately 3.4801%.
