The stock of Digihost Technology Inc (DGHI) has gone up by 68.00% for the week, with a 37.70% rise in the past month and a 108.26% rise in the past quarter. The volatility ratio for the week is 18.23%, and the volatility levels for the past 30 days are 12.84% for DGHI. The simple moving average for the past 20 days is 45.62% for DGHI’s stock, with a 75.62% simple moving average for the past 200 days.
Is It Worth Investing in Digihost Technology Inc (NASDAQ: DGHI) Right Now?
Company’s 36-month beta value is 5.38.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DGHI is 23.63M, and currently, short sellers hold a 0.98% ratio of that floaft. The average trading volume of DGHI on January 22, 2025 was 280.15K shares.
DGHI) stock’s latest price update
The stock price of Digihost Technology Inc (NASDAQ: DGHI) has jumped by 13.51 compared to previous close of 2.22. Despite this, the company has seen a gain of 68.00% in its stock price over the last five trading days. globenewswire.com reported 2025-01-02 that MIAMI, Jan. 02, 2025 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq / TSXV: DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended December 31, 2024, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated.
DGHI Trading at 37.21% 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 able to rebound, for now settling with 7.69% of gains for the given period.
Volatility was left at 12.84%, however, over the last 30 days, the volatility rate increased by 18.23%, as shares surge +29.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +60.51% upper at present.
During the last 5 trading sessions, DGHI rose by +68.00%, which changed the moving average for the period of 200-days by +62.58% in comparison to the 20-day moving average, which settled at $1.73. In addition, Digihost Technology Inc saw 68.00% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DGHI
Current profitability levels for the company are sitting at:
- -0.37 for the present operating margin
- -0.24 for the gross margin
The net margin for Digihost Technology Inc stands at -0.38. The total capital return value is set at -0.48. 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 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.71. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -704.87.
Currently, EBITDA for the company is -6.92 million with net debt to EBITDA at -0.1. When we switch over and look at the enterprise to sales, we see a ratio of 1.96. The receivables turnover for the company is 43.48for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
In a nutshell, Digihost Technology Inc (DGHI) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
