Buy, Sell or Hold: HIVE Blockchain Technologies HIVE-X

A P/B of 1 means it’s selling at its per share book value. A P/B of 2 means it’s selling at 2 times its book value. A P/B of 0.5 means its selling at half its book value. Note; companies will typically sell for more than their book value in much the same way that a company will sell at NEAR a multiple of its earnings. The median P/B ratio for stocks in the S&P is just over 3.

Many factors have had an impact on ’s price history, including government regulations, technological developments, adoption by retailers and institutional investors, and market forces. If you want to get started with the fastest, easiest trading experience on the market, register with Kriptomat today and begin your journey into the world of Hive and crypto investing. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET.

HIVE Blockchain Technologies(HIVE-X)

The detailed multi-page Analyst report does an even deeper dive on the company’s vital statistics. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades. On average, Wall Street analysts predict that Hive Blockchain Technologies’s share price could reach $5.67 by Feb 22, 2024. The average Hive Blockchain Technologies stock price prediction forecasts a potential upside of 101.67% from the current HIVE share price of $2.81.

Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs. SAN FRANCISCO — Shares of Aerohive Networks Inc. on Friday fell 9.2% from its initial public offering price. The wireless technology company priced its IPO late Thursday at $10 a share, the midpoint of its … Each Opinion requires six months’ worth of trading activity and run the prices through 13 different technical indicators. The signal strength is a long-term measurement of the strength of the signal compared to the strength of the signal over the past 200-trading sessions.

HIVE Blockchain Technologies Earnings

A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company’s assets. As the name suggests, it’s calculated as sales divided by assets.

Hive is well-positioned to become one of the world’s most widely used Web3 blockchains. For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more. Right-click on the chart to open the Interactive Chart menu. This widget shows how the overall Barchart Opinion has changed over the last 3 periods . The indicator value NEAR is determined by adding up the totals for the different groups and dividing this sum by the number of studies in the group.

Stockchase rating for HIVE Blockchain Technologies is calculated according to the stock experts’ signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock. Earnings estimate revisions are the most important factor influencing stocks prices. It’s an integral part of the Zacks Rank and a critical part in effective stock evaluation. If a stock’s EPS consensus estimate is $1.10 now vs. $1.00 the week before, that will be reflected as a 10% change.

Of course, different industries will have different https://www.beaxy.com/ rates that are considered good. So be sure to compare a stock to its industry’s growth rate when sizing up stocks from different groups. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Since cash can’t be manipulated like earnings can, it’s a preferred metric for analysts. 2 equities research analysts have issued twelve-month price targets for HIVE Blockchain Technologies’ shares. Their HIVE share price forecasts range from $5.00 to $7.00.

You can manually set the price at which you want to buy Hive with a limit order. Select “limit” in the exchange section of the buy page to place a limit order. In the price box, enter the price in BTC you want to pay for Hive, then in the “amount” box, enter the amount of Hive you want to buy. You’ll see how much Bitcoin the order will cost in total. Websites such as CoinMarketCap provide a list of market pairs or currencies that can be used to buy Hive.

The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. It’s another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. Enterprise Value is Market Capitalization + Debt – Cash.

Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. For example, a price above its moving average is generally considered an upward trend or a buy. The 1 week price change reflects the collective buying and selling sentiment over the short-term. A strong weekly advance is a sought after metric for putting potential momentum stocks onto one’s radar.

Forecast return on assets

A higher number means the more debt a company has compared to its capital structure. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry.

Suitable for intraday, swing or even scalping with using the tool at the smaller timeframe. Every colored zon determine the volatality with the orange zone is… The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is. Hive’s price quote is based on transactions taking place at each exchange. The trading volume and liquidity are different for each exchange, and those differences affect the price.

To buy shares in HIVE Blockchain Technologies you’ll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you’ll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives. This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service.

For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. The tested combination of price performance, and earnings momentum , creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.

His sthive buy or sellgy is to have this at 2.5% of his portfolio, so has continually added as the price has come down. He has not lost faith in this, just thinks it is early. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company’s value and is helpful in comparing one stock to another. The VGM score is based on the trading styles of Growth, VAlue, and Momentum. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

You can use the information about how HIVE Blockchain Technologies Ltd stock is graded to determine if you should invest in this specific company. However, you should decide whether HIVE Blockchain Technologies Ltd stock is a buy, sell or hold based on a combination of grades, metrics, ratios and U.S. Momentum is based on the price change of a stock over a specified period relative to all other stocks. According to 6 analysts, the average rating for HIVE stock is «Buy.» The 12-month stock price forecast is $3.04, which is an increase of 8.19% from the latest price.

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• The market capitalization of Hive is equal to the value of Hive multiplied by the number of HIVE in circulation.

Other market data may be delayed by 15 minutes or more. For investors who took a plunge near highs, the losses have been significant. In addition to this technical chart pattern, strong agreement amon…

The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. In general, a lower number or multiple is usually considered better that a higher one. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more.