Digihost Technology (NASDAQ:DGHI) Trading Up 4.9%

Digihost Technology Inc. (NASDAQ:DGHI) shot up 4.9% on Thursday . The stock traded as high as $1.31 and last traded at $1.28. 51,729 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 155,820 shares. The stock had previously closed at $1.22.

Digihost Technology Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.42 and a quick ratio of 0.60. The firm has a fifty day moving average price of $1.55 and a two-hundred day moving average price of $1.51. The stock has a market capitalization of $37.55 million, a PE ratio of -1.64 and a beta of 5.63.

Institutional Investors Weigh In On Digihost Technology

Several hedge funds and other institutional investors have recently modified their holdings of DGHI. Virtu Financial LLC purchased a new position in shares of Digihost Technology in the 4th quarter valued at $46,000. Harvest Portfolios Group Inc. purchased a new stake in Digihost Technology during the 1st quarter valued at about $33,000. Citadel Advisors LLC purchased a new stake in Digihost Technology during the 2nd quarter valued at about $46,000. Renaissance Technologies LLC purchased a new stake in Digihost Technology during the 2nd quarter valued at about $49,000. Finally, Vima LLC purchased a new stake in Digihost Technology during the 4th quarter valued at about $71,000. 1.93% of the stock is currently owned by hedge funds and other institutional investors.

Digihost Technology Company Profile

Digihost Technology Inc operates as a blockchain technology company focuses on the blockchain industry in the United States. The company mines for cryptocurrency. Digihost Technology Inc was incorporated in 2017 and is headquartered in Houston, Texas.