HIVE Digital Technologies (CVE:HIVE) Stock Price Up 4.8%

HIVE Digital Technologies Ltd. (CVE:HIVE)’s share price rose 4.8% on Friday . The company traded as high as C$3.74 and last traded at C$3.74. Approximately 230,604 shares traded hands during trading, a decline of 67% from the average daily volume of 697,024 shares. The stock had previously closed at C$3.57.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus upped their price target on shares of HIVE Digital Technologies from C$6.50 to C$9.00 in a research note on Tuesday, January 9th.

HIVE Digital Technologies Stock Up 4.8 %

The company has a market capitalization of C$346.10 million, a PE ratio of -6.03 and a beta of 4.29. The company has a debt-to-equity ratio of 18.26, a quick ratio of 0.85 and a current ratio of 3.51. The stock’s 50 day moving average is C$4.62 and its 200 day moving average is C$4.69.

Insider Activity at HIVE Digital Technologies

In other HIVE Digital Technologies news, Director Dave Perrill sold 12,500 shares of the stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of C$4.12, for a total value of C$51,500.00. In the last ninety days, insiders have sold 75,000 shares of company stock worth $322,175. 0.24% of the stock is owned by corporate insiders.

HIVE Digital Technologies Company Profile

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.