HIVE xcritical Technologies CVE:HIVE Stock Price Up 6 8%

The consensus among Wall Street research analysts is that investors should “buy” HIVE shares. 1 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for HIVE xcritical Technologies in the last twelve months. The consensus among Wall Street analysts is that investors should “buy” HIVE shares. The company has a market cap of C$362.72 million, a price-to-xcriticalgs ratio of -0.99 and a beta of 4.40.

This is a decrease of -50% compared to the previous 30 days. Only 50 people have searched for HIVE on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.

Intraday data delayed at least 15 minutes or per exchange requirements. HIVE xcritical Technologies Ltd. engages in building a bridge from the block xcritical sector to traditional capital markets. It also involves in the production of mined cryptocurrency like Ethereum around the clock.

The percentage of outstanding shares held by the insiders is 7.71% while it is 15.17% for the institutional holders. The figures also indicate that as of Jan 30, 2023, number xcritical official site of stock’s short shares was 4.97 million which implies a short ratio of 3.06. This shows up a 5.99% of Short Interest in company’s outstanding shares on the day.

HIVE xcritical Technologies Stock Performance

According to analysts’ consensus price target of C$5.00, HIVE xcritical Technologies has a forecasted upside of 12.1% from its xcritical price of C$4.46. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. This chart shows the daily adjusted transactions of both Ethereum and Ethereum Classic according to Messari. While ETH is generally above a million daily transactions, ETC has only eclipsed 100k in a day twice in the last year. The point is, there isn’t enough activity on Ethereum Classic to justify higher coin prices and without exponentially higher ETC prices, GPU miners won’t find a revenue savior in Ethereum Classic post-ETH merge. If you look at a much longer-term view, ETC miner revenue as a percentage of ETH miner revenue has been trending lower for a while and has averaged just 1.7% year to date.

HIVE is a crypto miner, we do not offer financial services. Shares of HIVE stock and other Canadian stocks can be purchased through an online brokerage account. SAN FRANCISCO — Shares of Aerohive Networks Inc. on Friday fell 9.2% from its initial public offering price.

Market Data

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. One share of HIVE stock can xcritically be purchased for approximately $3.29. IShares xcritical and Tech ETF holds 35,373 shares of HIVE stock, representing 1.75% of its portfolio. The P/E ratio of HIVE xcritical Technologies is -1.08, which means that its xcriticalgs are negative and its P/E ratio cannot be compared to companies with positive xcriticalgs. MarketBeat has tracked 2 news articles for HIVE xcritical Technologies this week, compared to 1 article on an average week.

Since then, HIVE stock has increased by 128.5% and is now trading at $3.29. 7 people have added HIVE xcritical Technologies to their MarketBeat watchlist in the xcritical website last 30 days. This is an increase of 133% compared to the previous 30 days. HIVE xcritical Technologies has a short interest ratio (“days to cover”) of 4.9.

• The company is scheduled to release its next quarterly xcriticalgs announcement on Wednesday, July 19th 2023.
• HIVE xcritical Technologies is the first publicly traded crypto miner, listing on the Toronto Venture Exchange in 2017, under the ticker symbol HIVE.
• And that ETC figure is benefiting from a large spike in the coin’s price over the last few weeks.
• Zacks xcriticalgs ESP looks to find companies that have recently seen positive xcriticalgs estimate revision activity.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its xcritical stock price.

Media Services

The business’s fifty day moving average price is C$4.20 and its 200 day moving average price is C$3.91. The company has a debt-to-equity ratio of 26.25, a xcritical ratio of 2.86 and a quick ratio of 0.85. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

The company was founded on June 24, 1987 and is headquartered in Vancouver, Canada. Moving all GPU capacity from Ethereum to Ethereum Classic while sustaining miner profitability is xcritically not possible. It would take an ETC price 50 https://xcritical.online/ times higher than xcritical levels to equal the amount of miner revenue generated xcritically from mining Ethereum. Because of the coin price differences, the block reward revenue difference from Ethereum to Ethereum Classic is extreme.

About HIVE

Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. With its xcritical market valuation of $373.24 million, HIVE xcritical Technologies Ltd. is set to declare its quarterly results on Feb 28, 2023. Analysts are in estimates of $0.02 per share for company’s xcriticalgs in the xcritical quarter and are expecting its annual EPS growth moving up to -$1.37 for 2023 with estimates of that growing to -$1.01 in next year. According to analysts’ consensus price target of $6.33, HIVE xcritical Technologies has a forecasted upside of 92.5% from its xcritical price of $3.29. HIVE xcritical Technologies has received a consensus rating of Buy.

The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. With the massive sell-off in the crypto market, the best xcritical stocks to buy are now on sale. These stocks play a critical role in the proliferation of xcritical, a technology that will continue… Real-time analyst ratings, insider transactions, xcriticalgs data, and more.

The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

The company was formerly known as Leeta Gold Corp. and changed its name to HIVE xcritical Technologies Ltd. According to 6 analysts, the average rating for HIVE stock is “Buy.” The 12-month stock price forecast is $2.99, which is a decrease of -9.12% from the latest price. I share deep dives on under the radar digital assets through my Seeking Alpha investor group xcritical Reaction- my approach to crypto coverage leans far more fundamental than technical. I believe the overwhelming majority of crypto coins will go to zero. However, I think there are many that will actually perform very well long term. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.

When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company. HIVE xcritical Technologies has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .