HIVE Digital Technologies Ltd. (CVE:HIVE) Senior Officer Luke Rossy Sells 5,000 Shares

HIVE Digital Technologies Ltd. (CVE:HIVE) Senior Officer Luke Rossy sold 5,000 shares of the business’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of C$7.57, for a total value of C$37,851.00.

HIVE Digital Technologies Price Performance

Shares of CVE HIVE opened at C$3.88 on Tuesday. HIVE Digital Technologies Ltd. has a 1-year low of C$3.52 and a 1-year high of C$8.96. The business has a 50-day moving average of C$4.44 and a 200-day moving average of C$4.69. The company has a debt-to-equity ratio of 18.26, a current ratio of 3.51 and a quick ratio of 0.85. The company has a market capitalization of C$359.06 million, a price-to-earnings ratio of -6.26 and a beta of 4.29.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus upped their target price on HIVE Digital Technologies from C$6.50 to C$9.00 in a research report on Tuesday, January 9th.

HIVE Digital Technologies Company Profile

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.