Private Advisor Group LLC Makes New Investment in Digihost Technology Inc. (NASDAQ:DGHI)

Private Advisor Group LLC acquired a new position in shares of Digihost Technology Inc. (NASDAQ:DGHI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $30,000. Private Advisor Group LLC owned about 0.06% of Digihost Technology as of its most recent SEC filing.

Separately, Jane Street Group LLC grew its holdings in Digihost Technology by 108.5% during the 3rd quarter. Jane Street Group LLC now owns 87,211 shares of the company’s stock worth $101,000 after acquiring an additional 45,388 shares during the last quarter. 1.93% of the stock is owned by institutional investors and hedge funds.

Digihost Technology Price Performance

Shares of NASDAQ:DGHI opened at $1.35 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.01. Digihost Technology Inc. has a 12 month low of $0.84 and a 12 month high of $3.77. The firm has a market cap of $49.02 million, a P/E ratio of -2.50 and a beta of 5.68. The company’s 50-day moving average price is $2.17 and its two-hundred day moving average price is $1.73.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and set a $2.50 price objective on shares of Digihost Technology in a report on Monday, December 16th.

About Digihost Technology

Digihost Technology Inc operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc was incorporated in 2017 and is headquartered in Houston, Texas.