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

HIVE Digital Technologies Ltd. (CVE:HIVEGet Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$2.59 and last traded at C$2.75, with a volume of 630688 shares trading hands. The stock had previously closed at C$2.75.

HIVE Digital Technologies Price Performance

The firm has a fifty day moving average of C$4.11 and a two-hundred day moving average of C$4.65. The stock has a market capitalization of C$252.60 million, a P/E ratio of -13.44 and a beta of 4.28. The company has a debt-to-equity ratio of 9.98, a current ratio of 5.56 and a quick ratio of 0.85.

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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