Hive Blockchain Technologies Stock Today

HIVE Stock  CAD 3.59  0.16  4.66%   

Performance

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Odds Of Distress

Less than 38

 
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HIVE Blockchain is selling for under 3.59 as of the 26th of May 2024; that is 4.66% increase since the beginning of the trading day. The stock's lowest day price was 3.38. HIVE Blockchain has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for HIVE Blockchain Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2022 and ending today, the 26th of May 2024. Click here to learn more.
Business Domain
Financial Services
Classification
Financials
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada. HIVE BLOCKCHAIN operates under Capital Markets classification in Exotistan and is traded on Commodity Exchange.. The company has 92.54 M outstanding shares of which 371.58 K shares are currently shorted by private and institutional investors with about 0.95 days to cover all short positions. More on HIVE Blockchain Technologies

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HIVE Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HIVE Blockchain's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HIVE Blockchain or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOAydin Kilic
Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Banking & Brokerage, Financial Services, IT, Blockchain, Financials, Capital Markets, Capital Markets, Financial Services, Computing (View all Sectors)
HIVE Blockchain's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HIVE Blockchain's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HIVE Blockchain's financial leverage. It provides some insight into what part of HIVE Blockchain's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on HIVE Blockchain's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how HIVE Blockchain deploys its capital and how much of that capital is borrowed.
Liquidity
HIVE Blockchain cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 35.41 M in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. HIVE Blockchain Tech has a current ratio of 2.85, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist HIVE Blockchain until it has trouble settling it off, either with new capital or with free cash flow. So, HIVE Blockchain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HIVE Blockchain Tech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HIVE to invest in growth at high rates of return. When we think about HIVE Blockchain's use of debt, we should always consider it together with cash and equity.

Net Income

(202.14 Million)
HIVE Blockchain Technologies (HIVE) is traded on TSX Venture Exchange in Canada and employs 18 people. HIVE Blockchain is listed under Investment Banking & Brokerage category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 332.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HIVE Blockchain's market, we take the total number of its shares issued and multiply it by HIVE Blockchain's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HIVE Blockchain Tech operates under Capital Markets sector and is part of Financials industry. The entity has 92.54 M outstanding shares of which 371.58 K shares are currently shorted by private and institutional investors with about 0.95 days to cover all short positions. HIVE Blockchain Technologies has accumulated about 1.3 M in cash with 44.78 M of positive cash flow from operations.
Check HIVE Blockchain Probability Of Bankruptcy
Ownership Allocation
HIVE Blockchain secures a total of 92.54 Million outstanding shares. Roughly 72.0 (percent) of HIVE Blockchain outstanding shares are held by general public with 0.23 % owned by insiders and only 27.51 pct. by outside corporations. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check HIVE Ownership Details

HIVE Blockchain Tech Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. HIVE Blockchain market risk premium is the additional return an investor will receive from holding HIVE Blockchain long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HIVE Blockchain. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although HIVE Blockchain's alpha and beta are two of the key measurements used to evaluate HIVE Blockchain's performance over the market, the standard measures of volatility play an important role as well.

HIVE Stock Against Markets

Picking the right benchmark for HIVE Blockchain stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HIVE Blockchain stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HIVE Blockchain is critical whether you are bullish or bearish towards HIVE Blockchain Technologies at a given time. Please also check how HIVE Blockchain's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HIVE Blockchain without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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HIVE Blockchain Corporate Management

Elected by the shareholders, the HIVE Blockchain's board of directors comprises two types of representatives: HIVE Blockchain inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HIVE. The board's role is to monitor HIVE Blockchain's management team and ensure that shareholders' interests are well served. HIVE Blockchain's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HIVE Blockchain's outside directors are responsible for providing unbiased perspectives on the board's policies.
Johanna ThornbladCountry SwedenProfile
William GrayChief OfficerProfile
Mario SergiChief OfficerProfile
Luke RossyChief OfficerProfile
Olivier NewtonInterim President DirectorProfile

How to buy HIVE Stock?

Before investing in HIVE Blockchain, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HIVE Blockchain. To buy HIVE Blockchain stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of HIVE Blockchain. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase HIVE Blockchain stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located HIVE Blockchain Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased HIVE Blockchain Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HIVE Blockchain Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy HIVE Stock please use our How to Invest in HIVE Blockchain guide.

Already Invested in HIVE Blockchain Technologies?

The danger of trading HIVE Blockchain Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HIVE Blockchain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HIVE Blockchain. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HIVE Blockchain Tech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether HIVE Blockchain Tech is a strong investment it is important to analyze HIVE Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HIVE Blockchain's future performance. For an informed investment choice regarding HIVE Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HIVE Blockchain Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running HIVE Blockchain's price analysis, check to measure HIVE Blockchain'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 HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.