HIVE Digital Technologies (CVE:HIVE) Hits New 52-Week Low – Here’s Why

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

HIVE Digital Technologies Trading Down 6.5 %

The company has a quick ratio of 0.85, a current ratio of 5.56 and a debt-to-equity ratio of 9.98. The company has a 50-day moving average price of C$3.38 and a 200-day moving average price of C$4.42. The company has a market capitalization of C$197.49 million, a price-to-earnings ratio of -10.51 and a beta of 4.28.

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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