WallStreetZenWallStreetZen

How to Buy Digihost Technology Stock

Digihost Technology Inc

Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency.

Digihost Technology stock last closed at $1.32, down 5.71% from the previous day, and has decreased 15.92% in one year. It has underperformed other stocks in the Software - Application industry by 0.43 percentage points. Digihost Technology stock is currently +60.98% from its 52-week low of $0.82, and -48.03% from its 52-week high of $2.54.

At the moment, there are 28.71M shares of DGHI outstanding. The market capitalization of DGHI is $37.90M. In the last 24 hours, 47,319 DGHI shares were traded.

How to Buy Digihost Technology Stock

Not sure how to invest in Digihost Technology stock? Here's how.
  1. Decide where to buy Digihost Technology stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Digihost Technology stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your method of payment and add your details.
  4. Analyze Digihost Technology stock: The Digihost Technology ticker symbol is DGHI. Is Digihost Technology stock a good investment? Should you buy shares of DGHI? How do DGHI's underlying business fundamentals look? Do top analysts think Digihost Technology is a good buy? Why has DGHI's stock price moved recently? (Hint: Our stock analysis website can help you decide if DGHI is a good stock to buy).
  5. Place your DGHI trade: Decide if you will purchase DGHI shares at the current market price or use a limit order to buy DGHI stock at a given price.
  6. Get key alerts regarding your DGHI investment: Create a watchlist to monitor your new investment in Digihost Technology shares.

Step 1: Decide where to buy Digihost Technology stock

You will need a brokerage account to access the NASDAQ market and buy DGHI shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to world financial markets: From Technology to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal details so you are able to buy DGHI today.

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to start a new brokerage account.
  1. Submit your information by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you have filled out your info on the stock trading app, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help transferring funds into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Digihost Technology stock

Once you have identified the best place to buy Digihost Technology stock, it's very important to evaluate their stock prior to investing, so you can understand the risk as well as the opportunity.

Digihost Technology shares data

DGHI Price
$1.32
1w %
3.13%
1y %
-15.92%
5y %
N/A
P/E
-1.71x
P/B
1.3x
P/S
1.45x
PEG
N/A
Revenue
$26.11M
Earnings
-$21.89M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$37.90M
Next Earnings
May 14, 2024
Next Dividend
N/A

Fundamentals of Digihost Technology

WallStreetZen was built to help average investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on DGHI's stock page.

Is DGHI stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge DGHI's fair value.

Using relative valuations methods:

  • DGHI may be undervalued based on its P/B ratio of 1.3x, relative to Software - Application industry P/B ratio of 6.49x

You can do additional valuation analysis on DGHI's stock here.

How do DGHI Financials look?

Pros:

  • DGHI's operating cash flow of $5.69M allows it to safely service it's debt of $1.45M.

Cons:

  • DGHI has a relatively high debt to equity ratio of 0.44.
  • There are more long-term liabilities than short-term assets on the DGHI balance sheet.
  • There are more short-term liabilities than short-term assets on the DGHI balance sheet.
  • DGHI profit margin has gone down from 17.9% to -83.8% in the past year.
  • DGHI earnings of -$21.84M is not enough to cover its interest payments.

You can dig deeper into what analysts are forecasting on the Digihost Technology stock forecast page.

DGHI Technicals

SMA10
1.29
SMA20
1.36
SMA50
1.49
SMA100
1.61
SMA200
1.48
MACD
-0.04
MACD Signal
-0.06
MACD Histogram
0.02
RSI
45.86
Stochastic %K
60.41
Stochastic %D
53.72
StochRSI %K
88.58
StochRSI %D
86.9

Is DGHI Making Money?

Last year, DGHI revenue was $26.11M. In the past three year, DGHI's revenue has grown by 185.17% per year. This was faster than the Software - Application industry average of 27.57%.

Dig into DGHI's earnings and revenue performance here.

Are DGHI executives and large shareholders buying or selling the stock?

In the past 12 months, executives and large shareholders at DGHI have not bought or sold any shares.

Get more info about who owns DGHI stock here.

Can I get consistent income from DGHI stock?

No, Digihost Technology doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your DGHI trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.

Hit the Open button and eToro will place your order.

If you need additional info about investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get key alerts regarding your DGHI investment

Now that you own some DGHI shares, you'll want to stay up-to-date on your new company.

Add DGHI to a watchlist to keep tabs on your DGHI stock.

DGHI Feed

How to Buy Stock in Digihost Technology

To summarize, here are the 6 steps for buying Digihost Technology stock:

  1. Decide where to buy Digihost Technology stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Analyze Digihost Technology stock
  5. Place your DGHI trade
  6. Get key alerts regarding your DGHI investment

If you require a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Digihost Technology, create a watchlist on WallStreetZen today.

NASDAQ: DGHI
$1.32-0.08 (-5.71%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: DGHI
$1.32-0.08 (-5.71%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Digihost Technology share?

As of Apr 25, 2024, it costs $1.32 to buy one share of Digihost Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.66, you can buy 0.5 shares of DGHI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Digihost Technology stock?

One way to place an order for Digihost Technology stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.