Digi Power X Inc (NASDAQ:DGXX) shares, rose in value on Wednesday, June 18, with the stock price down by -4.18% to the previous day’s close as strong demand from buyers drove the stock to $2.75.
Actively observing the price movement in the last trading, the stock closed the session at $2.87, falling within a range of $2.73 and $3.12. The value of beta (5-year monthly) was 9.919. Referring to stock’s 52-week performance, its high was $3.77, and the low was $0.84. On the whole, DGXX has fluctuated by 63.69% over the past month.
With the market capitalization of Digi Power X Inc currently standing at about $101.67 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-13.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 46.07M, with a low estimate of 10.66M and a high estimate of 10.66M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 10.66M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DGXX’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of DGXX currently trading nearly 50.60% and 86.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 73.06, while the 7-day volatility ratio is showing 13.64% which for the 30-day chart, stands at 9.24%. Furthermore, Digi Power X Inc (DGXX)’s beta value is 5.95, and its average true range (ATR) is 0.27.
A comparison of Digi Power X Inc (DGXX) with its peers suggests the former has fared considerably weaker in the market. DGXX showed an intraday change of -4.18% in last session, and over the past year, it grew by 106.77%%.
Data on historical trading for Digi Power X Inc (NASDAQ:DGXX) indicates that the trading volumes over the past 10 days have averaged 2.03 and over the past 3 months, they’ve averaged 1.60 million. According to company’s latest data on outstanding shares, there are 36.31 million shares outstanding.
Nearly 28.36% of Digi Power X Inc’s shares belong to company insiders and institutional investors own 4.74% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.79 million shares as on 2025-05-30, resulting in a short ratio of 0.48. According to the data, the short interest in Digi Power X Inc (DGXX) stood at 341.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.56 million. The stock has risen by 83.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DGXX stock heading into the next quarter.
