HIVE Digital Technologies (CVE:HIVE) Hits New 12-Month Low – Here’s What Happened

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

HIVE Digital Technologies Price Performance

The company’s fifty day moving average is C$3.48 and its two-hundred day moving average is C$4.45. 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 firm has a market capitalization of C$213.10 million, a price-to-earnings ratio of -11.34 and a beta of 4.28.

About HIVE Digital Technologies

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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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