Digihost Technology (NASDAQ:DGHI) Trading Up 4.9%

Digihost Technology Inc. (NASDAQ:DGHI)’s share price was up 4.9% during mid-day trading on Thursday . The stock traded as high as $1.31 and last traded at $1.28. Approximately 51,729 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 155,820 shares. The stock had previously closed at $1.22.

Digihost Technology Price Performance

The company has a 50 day moving average price of $1.55 and a 200-day moving average price of $1.51. The company has a quick ratio of 0.60, a current ratio of 0.42 and a debt-to-equity ratio of 0.02. The company has a market cap of $37.55 million, a price-to-earnings ratio of -1.64 and a beta of 5.63.

Hedge Funds Weigh In On Digihost Technology

A number of institutional investors have recently modified their holdings of DGHI. Harvest Portfolios Group Inc. bought a new position in Digihost Technology in the 1st quarter worth about $33,000. Citadel Advisors LLC bought a new position in Digihost Technology in the 2nd quarter worth about $46,000. Virtu Financial LLC bought a new position in Digihost Technology in the 4th quarter worth about $46,000. Renaissance Technologies LLC bought a new position in Digihost Technology in the 2nd quarter worth about $49,000. Finally, Jane Street Group LLC bought a new position in Digihost Technology in the 1st quarter worth about $57,000. 1.93% of the stock is owned by institutional investors and hedge funds.

Digihost Technology Company Profile

Digihost Technology Inc operates as a blockchain technology company focuses on the blockchain industry in the United States. The company mines for cryptocurrency. Digihost Technology Inc was incorporated in 2017 and is headquartered in Houston, Texas.