Shares of Hut 8 Corp. (TSE:HUT – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$87.31 and last traded at C$85.05, with a volume of 388402 shares. The stock had previously closed at C$84.76.
Hut 8 Trading Up 0.2%
The company has a quick ratio of 1.26, a current ratio of 1.68 and a debt-to-equity ratio of 55.87. The company has a market capitalization of C$9.18 billion, a P/E ratio of 45.42 and a beta of 4.58. The business has a fifty day moving average price of C$62.71 and a 200 day moving average price of C$49.59.
Hut 8 Company Profile
Hut 8 Mining Corp is North America’s innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin’s market direction.
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