Digihost Technology Inc. (NASDAQ:DGHI – Get Free Report) shares fell 3.1% during trading on Tuesday. The company’s shares fell to a low of $1.27 and last traded at $1.27. 49,733 shares were traded during trading, down 59% from the average session volume of 120,024 shares. The stock had previously closed at $1.31.
Wall Street analysts predict growth
Meanwhile, HC Wainwright reaffirmed a “buy” rating on shares of Digihost Technology and set a $2.50 price target on the stock in a research note on Friday, May 31st.
Get the latest DGHI stock report
Digihost Technology Stock Performance
The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average is $1.37 and its 200-day moving average is $1.54. The company has a market capitalization of $37.27 million, a price-to-earnings ratio of -4.38 and a beta of 5.41.
Digihost Technology (NASDAQ:DGHI – Get free report ) released its quarterly earnings report on Tuesday, May 14th. The company reported an EPS of $0.17 for the quarter. Digihost Technology’s ROE was negative 20.93%, and its net margin was negative 25.38%. The company had revenue of $12.96 million for the quarter. During the same quarter last year, the company announced an EPS of -$0.32. Equity research analysts, as a group, expect Digihost Technology Inc. to post -0.48 EPS for the current fiscal year.
Digihost Technology Institutional Trading
Institutional investors have recently bought new shares in Digihost Technology. Vima LLC acquired new shares of Digihost Technology Inc. (NASDAQ:DGHI – free report) during the fourth quarter, according to the latest Form 13F filed with the Securities and Exchange Commission (SEC). The fund acquired 30,710 shares of the company’s stock, valued at approximately $71,000. Vima LLC holds approximately 0.10% of Digihost Technology’s shares as of the latest SEC filing. Institutional investors and hedge funds own 1.93% of the company’s shares.
Digihost Technology Company Profile
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Digihost Technology Inc is a blockchain technology company operating in the United States and Canada. The company operates in the fields of cryptocurrency mining, energy sales, and colocation services. It also mines cryptocurrencies and provides energy from its power plants. Digihost Technology Inc was founded in 2017 and is headquartered in Houston, Texas.
References
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