HIVE Digital Technologies (CVE:HIVE) Trading Down 5.2% – Time to Sell?

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) shares traded down 5.2% during trading on Tuesday . The stock traded as low as C$7.70 and last traded at C$7.77. 1,489,587 shares were traded during trading, a decline of 1% from the average session volume of 1,510,625 shares. The stock had previously closed at C$8.20.

HIVE Digital Technologies Price Performance

The stock has a market capitalization of C$1.79 billion, a price-to-earnings ratio of 23.55 and a beta of 4.28. The company has a debt-to-equity ratio of 9.98, a quick ratio of 0.85 and a current ratio of 5.56. The company has a 50 day moving average of C$5.92 and a 200 day moving average of C$3.83.

Insider Buying and Selling

In related news, Director Dave Perrill sold 100,000 shares of the business’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of C$7.73, for a total transaction of C$773,000.00. 0.40% of the stock is owned by insiders.

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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