Digihost Technology’s (DGHI) “Buy” Rating Reaffirmed at HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Digihost Technology (NASDAQ:DGHI) in a report published on Monday morning,Benzinga reports. The firm currently has a $2.50 price objective on the stock.

Digihost Technology Trading Up 6.4 %

Shares of DGHI opened at $1.84 on Monday. Digihost Technology has a fifty-two week low of $0.84 and a fifty-two week high of $2.54. The stock has a market capitalization of $60.74 million, a PE ratio of -3.41 and a beta of 5.25. The company’s fifty day moving average is $1.67 and its 200 day moving average is $1.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.09.

Institutional Investors Weigh In On Digihost Technology

An institutional investor recently raised its position in Digihost Technology stock. Jane Street Group LLC raised its stake in shares of Digihost Technology Inc. (NASDAQ:DGHI) by 108.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,211 shares of the company’s stock after purchasing an additional 45,388 shares during the quarter. Jane Street Group LLC owned about 0.26% of Digihost Technology worth $101,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.93% of the company’s stock.

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.