Many investors prefer EV to just Market Cap as a better way to determine the value of a company. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. That means these items are added back into the net income to produce this earnings number.

• As the name suggests, it’s calculated as sales divided by assets.
• Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and HIVE.V is experiencing slight buying pressure.
• Year-over-year quarterly sales growth most recently was -79.0%.
• The VGM score is based on the trading styles of Growth, VAlue, and Momentum.

It is used to help gauge a ‘s financial health. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. HIVE Blockchain Technologies’ stock was trading at $1.44 on January 1st, 2023. Since then, HIVE shares have increased by 95.1% and is now trading at $2.81.

HIVE vs Capital Market Stocks

61 people have searched for hive buy or sell on MarketBeat in the last 30 days. This is an increase of 455% compared to the previous 30 days. Short interest in HIVE Blockchain Technologies has recently decreased by 8.25%, indicating that investor sentiment is improving significantly. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.

• Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings.
• Like most ratios, this number will vary from industry to industry.
• A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets.
• Many financial advisors recommend this strategy for building value in an investment portfolio.

It engages in the mining and sale of digital currencies, including Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and ETC is headquartered in Vancouver, Canada. HIVE Blockchain Technologies has a short interest ratio (“days to cover”) of 3.6, which is generally considered an acceptable ratio of short interest to trading volume. HIVE Blockchain Technologies has received a consensus rating of Buy.

News and Social Media Coverage

Nevada, Idaho and Montana are key to securing a domestic supply. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Only 4 people have added HIVE Blockchain Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

The Company’s geographic segments include Canada, Sweden, Iceland and Bermuda. The Company provides shareholders with operating margins of digital currency mining as well as a portfolio of crypto coins. The Company provides its services from the blockchain sector to traditional capital markets. AAII’s A+ Investor Value Grade is derived from a stock’s value score.

Evoqua Water (AQUA) Q4 Earnings and Revenues Surpass Estimates

The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry.

Many financial advisors recommend this strategy for building value in an investment portfolio. Recurring buys tend to moderate the effects of cryptocurrency price volatility. Many people find that small regular purchases are a great way to save funds for retirement or a major purchase with money they would otherwise spend thoughtlessly. Now that you bought your crypto, you can store it in your personal crypto wallet or simply hold it in your Binance account. You can also trade for other crypto or stake it on Binance Earn for passive income.

If a stock’s Q1 estimate revision decreases leading up to its earnings release, that’s usually a negative sign, whereas an increase is typically a positive sign. HIVE Blockchain Technologies saw a drop in short interest in February. As of February 15th, there was short interest totaling 4,560,000 shares, a drop of 8.2% from the January 31st total of 4,970,000 shares. Based on an average daily volume of 1,260,000 shares, the days-to-cover ratio is currently 3.6 days.

The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%. The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future. As of March 02, 2023, HIVE Blockchain Technologies Ltd had a $318.0 million market capitalization, putting it in the 48th percentile of companies in the Fintech – Blockchain & Cryptocurrency industry. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. Projected EPS Growth looks at the estimated growth rate for one year. It takes the consensus estimate for the current fiscal year divided by the EPS for the last completed fiscal year .

The Barchart Technical Opinion rating is a 16% Sell with a Weakest short term outlook on maintaining the current direction. The signal direction is a short-term (3-day) measurement of the current movement of the signal. Direction is a short indication of how the signal is performing based on most recent available data. Maximum is the strongest this signal has been in the historical period, and minimum is the weakest the signal has been in the historical period. The stronger a signal strength, the less volatile the signal.

If we can hold it and turn around on a 15 min or even better a 1 hour this will confirm support on this uptrend. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Needs to review the security of your connection before proceeding. Like all cryptocurrencies, it was created with a fixed supply. This means that the government can’t cause inflation – devaluation of the currency – by firing up the printing presses.

https://www.beaxy.com/Rank is calculated as an average of available category scores, with extra weight given to analysis and valuation. The daily chart says it all, with a measured move out of the triangle near 10 dollars. The fundamentals back this up also, as this is the most profitable crypto miner and we are on the verge of new all time highs on Btc and Eth. This share price information is delayed by 15 minutes.