HIVE Digital Technologies (CVE:HIVE) Trading Down 2.2% - Should You Sell?

Market Beat
2025.02.09 03:12

HIVE Digital Technologies (CVE:HIVE) shares fell 2.2% to C$4.08, with trading volume down 26% from average levels. The company's market cap is C$482 million, with a PE ratio of -8.46. HIVE operates in cryptocurrency mining across Canada, Sweden, and Iceland. Analysts currently rate the stock as a "Hold," suggesting investors consider other options.

HIVE Digital Technologies Ltd. (CVE:HIVE - Get Free Report)'s share price was down 2.2% on Wednesday . The stock traded as low as C$4.07 and last traded at C$4.08. Approximately 615,698 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 829,012 shares. The stock had previously closed at C$4.17.

HIVE Digital Technologies Trading Down 0.5 %

The business's 50-day simple moving average is C$4.73 and its 200-day simple moving average is C$4.77. The company has a market cap of C$482.00 million, a PE ratio of -8.46 and a beta of 4.28. The company has a current ratio of 7.35, a quick ratio of 0.85 and a debt-to-equity ratio of 10.36.

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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