HIVE Digital Technologies (CVE:HIVE) Hits New 52-Week Low – Here’s What Happened

Shares of HIVE Digital Technologies Ltd. (CVE:HIVE) hit a new 52-week low on Monday . The company traded as low as C$2.37 and last traded at C$2.51, with a volume of 562848 shares changing hands. The stock had previously closed at C$2.50.

HIVE Digital Technologies Trading Up 0.4 %

The company has a current ratio of 5.56, a quick ratio of 0.85 and a debt-to-equity ratio of 9.98. The firm has a market capitalization of C$230.55 million, a P/E ratio of -12.27 and a beta of 4.28. The firm has a 50-day moving average of C$3.80 and a two-hundred day moving average of C$4.54.

About HIVE Digital Technologies

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.