HIVE Digital Technologies (CVE:HIVE) Hits New 1-Year Low – Should You Sell?

Shares of HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as C$2.30 and last traded at C$2.31, with a volume of 428936 shares. The stock had previously closed at C$2.40.

HIVE Digital Technologies Price Performance

The stock has a market cap of C$197.49 million, a price-to-earnings ratio of -10.51 and a beta of 4.28. 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 stock’s 50 day simple moving average is C$3.38 and its two-hundred day simple moving average is C$4.42.

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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