How to Buy Hive Digital Technologies Stock
Hive Digital Technologies Ltd
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland.
Hive Digital Technologies stock last closed at $2.22, down 1.33% from the previous day, and has decreased 22.92% in one year. It has underperformed other stocks in the Capital Markets industry by 0.58 percentage points. Hive Digital Technologies stock is currently +76.19% from its 52-week low of $1.26, and -59.93% from its 52-week high of $5.54.
At the moment, there are 204.33M HIVE shares outstanding. The market value of HIVE is $453.60M. In the last 24 hours, 14M HIVE shares were traded.
How to Buy Hive Digital Technologies Stock
Not sure how to invest in Hive Digital Technologies stock? Here's how.
- Choose where to buy Hive Digital Technologies stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Hive Digital Technologies stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your method of payment and add your info.
- Evaluate Hive Digital Technologies stock: The Hive Digital Technologies ticker symbol is HIVE. Is Hive Digital Technologies stock a good investment? Should you buy shares of HIVE? How do HIVE's underlying business fundamentals look? Do top analysts think Hive Digital Technologies is a good buy? Why has HIVE's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if HIVE is a good stock to buy).
- Place your HIVE purchase: Decide if you will purchase HIVE shares at the current market price or use a limit order to purchase HIVE stock at a specific price.
- Get key alerts regarding your HIVE position: Create a watchlist to watch your position in Hive Digital Technologies shares.
Step 1: Choose where to buy Hive Digital Technologies stock
You need an online brokerage account to access the NASDAQ market and buy HIVE shares.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to buy HIVE stock today.
How to Set Up a New Investment Account on eToro
- 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.
- Enter your personal data to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on a mobile trading app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring money into your new brokerage account.
Step 4: Evaluate Hive Digital Technologies stock
Once you have figured out the best place to buy Hive Digital Technologies stock, it's important to research their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Hive Digital Technologies stock at a glance
Hive Digital Technologies Due Diligence Score
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on HIVE's stock page.
What is the fair value of HIVE stock?
Analysts use many financial metrics, analyses, models, and charts to gauge HIVE's true value.
Using relative valuations measures:
- HIVE could be undervalued based on its P/E ratio of 14.8x, relative to Capital Markets industry P/E ratio of 22.8x
- HIVE may be undervalued based on its P/B ratio of 0.81x, relative to Capital Markets industry P/B ratio of 2.65x
You can do additional valuation analysis on HIVE's stock here.
HIVE Financial Overview
Passed Health Checks:
- HIVE has a low debt to equity ratio of 0.12.
- There are more short-term assets than long-term liabilities on the HIVE balance sheet.
- There are more short-term assets than short-term liabilities on the HIVE balance sheet.
- HIVE profit margin has gone up from 19% to 23.8% in the past year.
Failed Health Checks:
- HIVE has cash burn of 161994000. It does not have sufficient cash and short-term investments to cover this.
- HIVE has $146.13M in cash and short term investments. This is not enough to cover its annual cash burn of $161.99M.
Do Wall Street analysts think it's a good time to buy Hive Digital Technologies stock
Out of 4 Wall Street analysts who give ratings on HIVE, the consensus analyst rating on HIVE is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Hive Digital Technologies stock forecast page.
HIVE Technical Indicators
How is HIVE performing as a company?
Last year, HIVE earnings were $30.58M. Over the past four year, HIVE's earnings have grown by -30.95% per year. This was slower than the Capital Markets industry average of 64.93%.
Last year, HIVE revenue was $128.65M. In the last 4 year, HIVE's revenue has increased by 6.47% per year. This was slower than the Capital Markets industry average of 17.46%.
You can analyze HIVE's earnings and revenue performance here.
What are HIVE executives and large shareholders up to?
In the past year, executives and large shareholders at HIVE have not bought or sold any shares.
Get more info about who owns HIVE stock here.
Can I get consistent income from HIVE stock?
No, Hive Digital Technologies doesn't provide an income stream by paying out dividends.
What do other investors have to say about HIVE?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your HIVE purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you require additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your HIVE position
Now that you own some HIVE shares, you'll want to keep up with your new company.
Put HIVE on a watchlist to get notified of the latest news about your HIVE stock.
HIVE Feed
How to Buy Stock in Hive Digital Technologies
To reiterate, here are the 6 steps for buying Hive Digital Technologies stock:
- Choose where to buy Hive Digital Technologies stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Hive Digital Technologies stock
- Place your HIVE purchase
- Get key alerts regarding your HIVE position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Hive Digital Technologies, create a watchlist today.
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