HIVE Digital Technologies (CVE:HIVE) Sets New 52-Week Low – What’s Next?

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as C$3.00 and last traded at C$3.01, with a volume of 985449 shares changing hands. The stock had previously closed at C$3.11.

HIVE Digital Technologies Stock Down 4.8 %

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’s fifty day moving average price is C$4.25 and its two-hundred day moving average price is C$4.68. The stock has a market cap of C$271.89 million, a price-to-earnings ratio of -14.46 and a beta of 4.28.

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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