HIVE Digital Technologies Ltd. (NASDAQ: HIVE) Is Up 13.39%. Can It Come Back?

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) traded at $4.15 at close of the session on Friday, July 19, made an upward move of 13.39% on its previous day’s price.

Looking at the stock we see that its previous close was $3.66 . In terms of its 52-week price range, HIVE has a high of $5.98 and a low of $2.18. The company’s stock has gained about 25.76% over that past 30 days.

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HIVE Digital Technologies Ltd. has a market cap of $434.09 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.01, with the EPS growth for the year raised at -$0.41 for 2025 and $0 for next year.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $24.32 million, with a low of $22.93 million and a high of $25.7 million. The median projection represents growth squeezing down to 10.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2025 is expected to hit $104.58 million, or -8.60% down from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the HIVE stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Buy.

Looking further, we note the current price level is 23.86% off its SMA20 and 41.17% from its 50-day simple moving average. The RSI (14) is pointing at 66.51 while the volatility over the past week is 10.73% and jumps to 9.52% over the past one month. The beta value is 3.92, while the average true range (ATR) is currently pointing at 0.32.

Coming back to HIVE Digital Technologies Ltd. (NASDAQ:HIVE), we note that the average 3-month trading volume was 3.59 million. Current shares outstanding are 106.08 million.

The insiders hold 0.49% of the company’s shares while institutions hold 32.95%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -8.39% down in year-to-date price movement.

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