Hut 8 Corp (NASDAQ: HUT) has experienced a rise in its stock price by 0.35 compared to its previous closing price of 11.39. However, the company has seen a fall of -1.64% in its stock price over the last five trading days. globenewswire.com reported 2025-04-04 that 102% increase in deployed hashrate from an average of 4.6 EH/s in February 2025 to 9.3 EH/s as of the end of March 2025 31% improvement in fleet efficiency from an average of 29.3 J/TH in February 2025 to 20.1 J/TH as of the end of March 2025 Launch of American Bitcoin in partnership with Eric Trump MIAMI, April 04, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today released its operations update for March 2025. “This month, we achieved strong alignment between operational momentum and long-term strategic direction,” said Asher Genoot, CEO of Hut 8.
Is It Worth Investing in Hut 8 Corp (NASDAQ: HUT) Right Now?
Hut 8 Corp (NASDAQ: HUT) has a price-to-earnings ratio that is above its average at 3.34x. The stock has a 36-month beta value of 3.91. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HUT is 92.16M, and at present, short sellers hold a 11.91% of that float. On April 08, 2025, the average trading volume of HUT was 4.94M shares.
HUT’s Market Performance
HUT’s stock has seen a -1.64% decrease for the week, with a -15.40% drop in the past month and a -52.69% fall in the past quarter. The volatility ratio for the week is 14.63%, and the volatility levels for the past 30 days are at 9.01% for Hut 8 Corp. The simple moving average for the past 20 days is -8.53% for HUT’s stock, with a -33.25% simple moving average for the past 200 days.
Analysts’ Opinion of HUT
Many brokerage firms have already submitted their reports for HUT stocks, with Rosenblatt repeating the rating for HUT by listing it as a “Buy.” The predicted price for HUT in the upcoming period, according to Rosenblatt is $23 based on the research report published on March 07, 2025 of the current year 2025.
Piper Sandler gave a rating of “Overweight” to HUT, setting the target price at $33 in the report published on December 17th of the previous year.
HUT Trading at -28.09% from the 50-Day Moving Average
After a stumble in the market that brought HUT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.23% of loss for the given period.
Volatility was left at 9.01%, however, over the last 30 days, the volatility rate increased by 14.63%, as shares sank -0.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.11% lower at present.
During the last 5 trading sessions, HUT fell by -1.64%, which changed the moving average for the period of 200-days by -4.43% in comparison to the 20-day moving average, which settled at $12.50. In addition, Hut 8 Corp saw -44.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HUT starting from Flinn Joseph, who sale 7,618 shares at the price of $11.74 back on Aug 16 ’24. After this action, Flinn Joseph now owns 11,861 shares of Hut 8 Corp, valued at $89,427 using the latest closing price.
Flinn Joseph, the Director of Hut 8 Corp, proposed sale 7,618 shares at $11.74 during a trade that took place back on Aug 16 ’24, which means that Flinn Joseph is holding shares at $89,427 based on the most recent closing price.
Stock Fundamentals for HUT
Current profitability levels for the company are sitting at:
- -0.22 for the present operating margin
- 0.22 for the gross margin
The net margin for Hut 8 Corp stands at 1.56. The total capital return value is set at -0.03. Equity return is now at value 40.01, with 27.22 for asset returns.
Based on Hut 8 Corp (HUT), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is -1.85.
Currently, EBITDA for the company is 1.36 million with net debt to EBITDA at 122.47. When we switch over and look at the enterprise to sales, we see a ratio of 8.52. The receivables turnover for the company is 16.51for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.
Conclusion
To sum up, Hut 8 Corp (HUT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
