Hut 8 Corp Stock Analysis
| HUT Stock | USD 12.93 0.86 7.13% |
Hut 8 Corp is overvalued with Real Value of 12.41 and Hype Value of 12.93. The main objective of Hut 8 stock analysis is to determine its intrinsic value, which is an estimate of what Hut 8 Corp is worth, separate from its market price. There are two main types of Hut 8's stock analysis: fundamental analysis and technical analysis.
The Hut 8 stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Hut 8 is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Hut Stock trading window is adjusted to America/New York timezone.
Hut |
Hut Stock Analysis Notes
About 59.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hut 8 Corp recorded a loss per share of 0.78. The entity last dividend was issued on the 6th of March 2018. The firm had 1:5 split on the 4th of December 2023. Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. Hut 8 operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 43 people. To learn more about Hut 8 Corp call the company at 305 224 6427 or check out https://hut8.com.Hut 8 Corp Investment Alerts
| Hut 8 Corp generated a negative expected return over the last 90 days | |
| Hut 8 Corp has high historical volatility and very poor performance | |
| Hut 8 Corp has about 33.02 M in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 57.0% of the company shares are owned by institutional investors |
Hut 8 Corp Upcoming and Recent Events
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Hut Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.23 B.Hut Profitablity
The company has Net Profit Margin of 1.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of (2.4) %, which entails that for every $100 of revenue, it lost $2.4.Technical Drivers
As of the 20th of March, Hut 8 retains the Market Risk Adjusted Performance of 1.73, risk adjusted performance of (0.11), and Standard Deviation of 6.18. Hut 8 technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Hut 8 Corp Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hut 8 middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hut 8 Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Hut 8 Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hut 8 insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hut 8's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hut 8 insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Flinn Joseph over a year ago Acquisition by Flinn Joseph of 1286 shares of Hut 8 subject to Rule 16b-3 |
Hut 8 Outstanding Bonds
Hut 8 issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hut 8 Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hut bonds can be classified according to their maturity, which is the date when Hut 8 Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Hut 8 Predictive Daily Indicators
Hut 8 intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hut 8 stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Hut 8 Forecast Models
Hut 8's time-series forecasting models are one of many Hut 8's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hut 8's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Hut Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Hut 8 prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hut shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hut 8. By using and applying Hut Stock analysis, traders can create a robust methodology for identifying Hut entry and exit points for their positions.
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. Hut 8 operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 43 people.
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Additional Tools for Hut Stock Analysis
When running Hut 8's price analysis, check to measure Hut 8's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.