HIVE Digital Technologies (CVE:HIVE) Shares Down 2.2% – Time to Sell?

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) was down 2.2% on Wednesday . The company traded as low as C$4.07 and last traded at C$4.08. Approximately 615,698 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 829,012 shares. The stock had previously closed at C$4.17.

HIVE Digital Technologies Stock Performance

The company has a current ratio of 7.35, a quick ratio of 0.85 and a debt-to-equity ratio of 10.36. The company’s 50-day moving average price is C$4.73 and its two-hundred day moving average price is C$4.77. The company has a market cap of C$482.00 million, a P/E ratio of -8.46 and a beta of 4.28.

HIVE Digital Technologies Company Profile

(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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