HIVE Digital Technologies (CVE:HIVE) Reaches New 12-Month Low – What’s Next?

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$1.85 and last traded at C$1.96, with a volume of 559671 shares. The stock had previously closed at C$2.07.

HIVE Digital Technologies Stock Down 4.3 %

The company has a market cap of C$181.87 million, a P/E ratio of -9.68 and a beta of 4.28. The stock has a 50-day moving average of C$3.14 and a two-hundred day moving average of C$4.36. The company has a debt-to-equity ratio of 9.98, a quick ratio of 0.85 and a current ratio of 5.56.

About HIVE Digital Technologies

(Get Free Report)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.

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