After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that Hut 8 Commences Construction of New Digital Asset Mining Site in Culberson County, Announces New Treasury Strategy.
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Stocks Info
As a NASDAQ listed company, HUT falls under the Financial sector while operating within the Capital Markets industry segment. At the end of the last regular session, the stock closed at $8.92 and fluctuated between $8.94 as its day high and $8.11 as its day low. The current market capitalization of Hut 8 Corp is $793.52M. A total of 3.02 million shares were traded on the day, compared to an average of 7.11M shares.
In the most recent transaction, Leverton Jaime sold 35,761 shares of HUT for 10.10 per share on Jan 12. After the transaction, the Chief Executive Officer now owns 269,415 company shares. In a previous transaction on Dec 22, Leverton Jaime sold 98,724 shares at 14.21 per share. HUT shares that Chief Executive Officer owns now total 238,509.
Among the insiders who sold shares, Amdiss Aniss disposed of 18,513 shares on Dec 22 at a per-share price of $14.21. This resulted in the Chief Legal Officer holding 23,333 shares of HUT after the transaction. In another insider transaction, Visram Shenif sold 17,897 shares at $14.14 per share on Dec 22. Company shares held by the Chief Financial Officer now total 15,437.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, HUT has a high of $22.75 and a low of $6.05.
As of this writing, HUT has an earnings estimate of -$0.19 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.35. The company reported an EPS of -$0.4 in the last quarter, which was -5.30% lower than expectations of -$0.38.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. HUT’s latest balance sheet shows that the firm has $21.91M in Cash & Short Term Investments as of fiscal 2022. There were $130.68M in debt and $100.16M in liabilities at the time. Its Book Value Per Share was $6.63, while its Total Shareholder’s Equity was $87.60M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HUT is Buy with a score of 3.25.
