HIVE Digital Technologies (CVE:HIVE) Hits New 52-Week Low – Here’s Why

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as C$2.42 and last traded at C$2.47, with a volume of 470648 shares trading hands. The stock had previously closed at C$2.48.

HIVE Digital Technologies Stock Down 5.5 %

The firm’s 50 day simple moving average is C$3.88 and its 200-day simple moving average is C$4.56. 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 company has a market cap of C$221.37 million, a price-to-earnings ratio of -11.78 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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