HIVE Digital Technologies (CVE:HIVE) Trading Up 1.9% – Here’s Why

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) shares were up 1.9% on Tuesday . The company traded as high as C$5.37 and last traded at C$5.34. Approximately 577,990 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 628,550 shares. The stock had previously closed at C$5.24.

HIVE Digital Technologies Stock Performance

The business’s 50-day simple moving average is C$4.28 and its two-hundred day simple moving average is C$4.17. The company has a quick ratio of 0.85, a current ratio of 7.35 and a debt-to-equity ratio of 10.36. The firm has a market cap of C$633.96 million, a price-to-earnings ratio of -11.13 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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