The stock of Digihost Technology Inc (NASDAQ: DGHI) has increased by 12.07 when compared to last closing price of 1.74.Despite this, the company has seen a loss of -3.47% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-15 that Digihost Technology Inc. (NASDAQ:DGHI ) Q3 2024 Earnings Conference Call November 15, 2024 8:30 AM ET Company Participants Michel Amar – CEO Paul Ciullo – CFO Conference Call Participants Kevin Dede – H.C. Wainwright Operator Good morning and welcome to Digihost Technology Inc. Third Quarter 2024 financial results conference call.
Is It Worth Investing in Digihost Technology Inc (NASDAQ: DGHI) Right Now?
The stock has a 36-month beta value of 5.31. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for DGHI is 23.42M, and at present, short sellers hold a 0.15% of that float. On November 20, 2024, the average trading volume of DGHI was 133.14K shares.
DGHI’s Market Performance
The stock of Digihost Technology Inc (DGHI) has seen a -3.47% decrease in the past week, with a 52.34% rise in the past month, and a 57.26% gain in the past quarter. The volatility ratio for the week is 18.71%, and the volatility levels for the past 30 days are at 15.57% for DGHI. The simple moving average for the past 20 days is 14.04% for DGHI’s stock, with a 39.82% simple moving average for the past 200 days.
DGHI Trading at 42.27% from the 50-Day Moving Average
After a stumble in the market that brought DGHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.23% of loss for the given period.
Volatility was left at 15.57%, however, over the last 30 days, the volatility rate increased by 18.71%, as shares surge +50.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +66.67% upper at present.
During the last 5 trading sessions, DGHI fell by -3.47%, which changed the moving average for the period of 200-days by +10.80% in comparison to the 20-day moving average, which settled at $1.7100. In addition, Digihost Technology Inc saw -14.85% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DGHI
Current profitability levels for the company are sitting at:
- -0.35 for the present operating margin
- -0.25 for the gross margin
The net margin for Digihost Technology Inc stands at -0.25. The total capital return value is set at -0.4. Equity return is now at value -50.00, with -37.27 for asset returns.
Based on Digihost Technology Inc (DGHI), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 15.6. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -474.44.
Currently, EBITDA for the company is -6.92 million with net debt to EBITDA at -0.11. When we switch over and look at the enterprise to sales, we see a ratio of 1.65. The receivables turnover for the company is 36.43for trailing twelve months and the total asset turnover is 0.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
To sum up, Digihost Technology Inc (DGHI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
