The price of Hut 8 Corp (NASDAQ:HUT) shares last traded on Wall Street rose 7.05% to $18.68.
HUT stock price is now 21.65% away from the 50-day moving average and 7.14% away from the 200-day moving average. The market capitalization of the company currently stands at $1.95B.
With the price target of $25, Roth Capital recently initiated with Buy rating for Hut 8 Corp (NASDAQ: HUT). On May 22, 2025, Citizens JMP recently initiated its ‘Mkt Outperform’ rating on the stock quoting a target price of $25, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Flinn Joseph, Director sold 11,069 shares of the company’s stock on Jun 23 ’25. The stock was sold for $174,585 at an average price of $15.77. Upon completion of the transaction, the Director now directly owns 19,791 shares in the company, valued at $0.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 23 ’25, Director Flinn Joseph bought 11,069 shares of the business’s stock. A total of $174,585 was incurred on buying the stock at an average price of $15.77. A total of 11.28% of the company’s stock is owned by insiders.
During the past 12 months, Hut 8 Corp has had a low of $8.73 and a high of $31.95. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 1.26, and a quick ratio of 1.26. The fifty day moving average price for HUT is $15.356 and a two-hundred day moving average price translates $17.43585 for the stock.
The latest earnings results from Hut 8 Corp (NASDAQ: HUT) was released for 2025-03-31. The net profit margin was -39.86% and return on equity was -6.31% for HUT. The company reported revenue of $21.82 million for the quarter, compared to $51.74 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -57.84 percent.
