Digihost Technology (NASDAQ:DGHI – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a research note issued on Friday, Benzinga reports. They currently have a $2.50 target price on the stock. HC Wainwright’s target price would suggest a potential upside of 110.08% from the company’s current price.
Digihost Technology Stock Up 1.7 %
NASDAQ DGHI opened at $1.19 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.01. The company has a market cap of $34.93 million, a price-to-earnings ratio of -4.10 and a beta of 5.37. The company has a 50 day moving average of $1.25 and a 200-day moving average of $1.33. Digihost Technology has a 1-year low of $0.82 and a 1-year high of $2.54.
Digihost Technology (NASDAQ:DGHI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.06. The firm had revenue of $9.23 million during the quarter, compared to analysts’ expectations of $8.10 million. Digihost Technology had a negative return on equity of 26.99% and a negative net margin of 27.10%. On average, equities research analysts expect that Digihost Technology will post -0.48 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Digihost Technology
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.
Featured Articles
- Five stocks we like better than Digihost Technology
- 5 Top Rated Dividend Stocks to Consider
- Triple Witching: The Market’s Quarterly Rollercoaster
- Retail Stocks Investing, Explained
- 4 Stocks Set to Benefit from Recent Interest Rate Cuts
- What is the NASDAQ Stock Exchange?
- Autohome’s Dividend and Buyback Make It a Strong EV Play
Receive News & Ratings for Digihost Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digihost Technology and related companies with MarketBeat.com's FREE daily email newsletter.