HIVE Digital Technologies Ltd [NASDAQ: HIVE] gained 24893352% or 12029998.24 points to close at $12030000.0 with a heavy trading volume of 24893352 shares.
It opened the trading session at $1.79, the shares rose to $1.81 and dropped to $1.6733, the range by which the price of stock traded the whole day. The daily chart for HIVE points out that the company has recorded -56.63% loss over the past six months.
If we look at the average trading volume of 12.03M shares, HIVE reached to a volume of 24893352 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $7.06 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.
Rosenblatt have made an estimate for HIVE Digital Technologies Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 07, 2025. While these analysts kept the previous recommendation, Keefe Bruyette raised their target price to Outperform. The new note on the price target was released on January 08, 2025, representing the official price target for HIVE Digital Technologies Ltd stock. Previously, the target price had yet another raise to $7.50, while ROTH MKM analysts kept a Buy rating on HIVE stock.
The Price to Book ratio for the last quarter was 0.55, with the Price to Cash per share for the same quarter was set at 1.67.
Trading performance analysis for HIVE stock
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 -12.82. With this latest performance, HIVE shares dropped by -18.27% in over the last four-week period, additionally sinking by -56.63% over the last 6 months – not to mention a drop of -40.35% in the past year of trading.
HIVE Digital Technologies Ltd [HIVE]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and HIVE Digital Technologies Ltd [HIVE] shares currently have an operating margin of -43.77% and a Gross Margin at -25.34%. HIVE Digital Technologies Ltd’s Net Margin is presently recorded at -5.45%.
Return on Equity for this stock declined to -1.86%, with Return on Assets sitting at -1.86%.
An analysis of Institutional ownership at HIVE Digital Technologies Ltd [HIVE]
There are presently around $17.41%, or 17.46%% of HIVE stock, in the hands of institutional investors. The top three institutional holders of HIVE stocks are: TOROSO INVESTMENTS, LLC with ownership of 4.28 million shares, which is approximately 3.8631%. VAN ECK ASSOCIATES CORP, holding 3.89 million shares of the stock with an approximate value of $$11.99 million in HIVE stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$9.62 million in HIVE stock with ownership which is approximately 2.8214%.
