In yesterday’s Wall Street session, Digihost Technology Inc. (NASDAQ:DGHI) shares traded at $0.79, up 10.41% from the previous session.
As of this writing, 1 analysts cover Digihost Technology Inc. (NASDAQ:DGHI). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $1.92 and a low of $1.92, we find $1.92. Given the previous closing price of $0.72, this indicates a potential upside of 166.67 percent. DGHI stock price is now 39.36% away from the 50-day moving average and -36.68% away from the 200-day moving average. The market capitalization of the company currently stands at $25.10M.
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There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $1.92 as their price target over the next twelve months.
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A total of 18.05% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DGHI stock. A new stake in Digihost Technology Inc. shares was purchased by MILLENNIUM MANAGEMENT LLC during the first quarter worth $18,000. FERGUSON WELLMAN CAPITAL MANAGEMENT, INC invested $13,000 in shares of DGHI during the first quarter. In the first quarter, UBS GROUP AG acquired a new stake in Digihost Technology Inc. valued at approximately $3,000. In total, there are 19 active investors with 6.23% ownership of the company’s stock.
Friday morning saw Digihost Technology Inc. (NASDAQ: DGHI) opened at $0.7200. During the past 12 months, Digihost Technology Inc. has had a low of $0.31 and a high of $4.65. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 4.40, and a quick ratio of 4.40. The fifty day moving average price for DGHI is $0.5687 and a two-hundred day moving average price translates $1.2327 for the stock.
The latest earnings results from Digihost Technology Inc. (NASDAQ: DGHI) was released for Jun, 2022. The company reported revenue of $3.73 million for the quarter, compared to $5.49 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -31.92 percent.
Digihost Technology Inc.(DGHI) Company Profile
Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
