HIVE Digital Technologies (CVE:HIVE) Shares Up 4.1% – Here’s Why

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report) traded up 4.1% during trading on Wednesday . The company traded as high as C$4.53 and last traded at C$4.53. 749,310 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 728,041 shares. The stock had previously closed at C$4.35.

HIVE Digital Technologies Stock Up 4.1 %

The stock has a 50-day moving average price of C$5.55 and a 200-day moving average price of C$4.80. The company has a debt-to-equity ratio of 10.36, a current ratio of 7.35 and a quick ratio of 0.85. The company has a market capitalization of C$537.80 million, a P/E ratio of -9.44 and a beta of 4.28.

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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