HIVE Digital Technologies (CVE:HIVE) Stock Price Down 7.2% – Here’s Why

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report)’s share price traded down 7.2% on Monday . The stock traded as low as C$2.69 and last traded at C$2.69. 185,361 shares were traded during mid-day trading, a decline of 79% from the average session volume of 870,561 shares. The stock had previously closed at C$2.90.

HIVE Digital Technologies Trading Up 2.0 %

The business’s 50-day moving average price is C$3.91 and its 200-day moving average price is C$4.58. The company has a debt-to-equity ratio of 9.98, a current ratio of 5.56 and a quick ratio of 0.85. The firm has a market capitalization of C$232.39 million, a PE ratio of -12.36 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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