HIVE Blockchain Technologies (CVE:HIVE) Shares Down 4.2%

HIVE Blockchain Technologies Ltd. (CVE:HIVE) traded down 4.2% on Friday . The company traded as low as C$4.42 and last traded at C$4.44. 542,812 shares traded hands during trading, a decline of 86% from the average session volume of 3,972,237 shares. The stock had previously closed at C$4.64.

The stock’s 50 day simple moving average is C$3.79 and its two-hundred day simple moving average is C$3.58. The firm has a market cap of C$1.70 billion and a P/E ratio of 21.41. The company has a debt-to-equity ratio of 19.44, a current ratio of 13.23 and a quick ratio of 4.40.

About HIVE Blockchain Technologies (CVE:HIVE)

HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It is involved in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd.

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