HIVE Digital Technologies (CVE:HIVE) Hits New 1-Year High – Here’s Why

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$7.59 and last traded at C$7.35, with a volume of 2612959 shares. The stock had previously closed at C$6.39.

HIVE Digital Technologies Stock Down 10.6 %

The firm has a market capitalization of C$779.99 million, a P/E ratio of -13.69 and a beta of 4.28. The company has a current ratio of 7.35, a quick ratio of 0.85 and a debt-to-equity ratio of 10.36. The company has a 50 day simple moving average of C$4.77 and a two-hundred day simple moving average of C$4.37.

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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