HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE) has a beta value of 4.28 and has seen 8.03 million shares traded in the last trading session. The company, currently valued at $1.18B, closed the last trade at $2.29 per share which meant it lost -$0.11 on the day or -4.58% during that session. The HIVE stock price is -151.09% off its 52-week high price of $5.75 and 24.02% above the 52-week low of $1.74. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.73 million shares traded. The 3-month trading volume is 10.72 million shares.

Sporting -4.58% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 01/07/22 when the HIVE stock price touched $2.29 or saw a rise of 17.03%. Year-to-date, HIVE Blockchain Technologies Ltd. shares have moved -13.26%, while the 5-day performance has seen it change -13.26%. Over the past 30 days, the shares of HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE) have changed -30.82%. Short interest in the company has seen 7.97 million shares shorted with days to cover at 0.76.

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Wall Street analysts have a consensus price target for the stock at $6.32, which means that the shares’ value could jump 63.77% from current levels. The projected low price target is $6.32 while the price target rests at a high of $6.32. In that case, then, we find that the current price level is -175.98% off the targeted high while a plunge would see the stock gain -175.98% from current levels.

HIVE Blockchain Technologies Ltd. (HIVE) estimates and forecasts

Figures show that HIVE Blockchain Technologies Ltd. shares have outperformed across the wider relevant industry. The company’s shares have lost -9.13% over the past 6 months, with this year growth rate of 166.67%, compared to 11.10% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 45.30% over the past 5 years.

HIVE Dividends

HIVE Blockchain Technologies Ltd. is expected to release its next earnings report on November 15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE)’s Major holders

Insiders own 10.90% of the company shares, while shares held by institutions stand at 10.10% with a share float percentage of 11.34%. Investors are also buoyed by the number of investors in a company, with HIVE Blockchain Technologies Ltd. having a total of 90 institutions that hold shares in the company. The top two institutional holders are Invesco Ltd. with over 21.04 million shares worth more than $56.18 million. As of Sep 29, 2021, Invesco Ltd. held 5.40% of shares outstanding.

The other major institutional holder is FMR, LLC, with the holding of over 3.03 million shares as of Sep 29, 2021. The firm’s total holdings are worth over $8.09 million and represent 0.78% of shares outstanding.

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Also the top two Mutual Funds that are holding company’s shares are Amplify Transformational Data Sharing ETF and Fidelity OTC Portfolio. As of Oct 30, 2021, the former fund manager holds about 3.96% shares in the company for having 15.44 million shares of worth $54.67 million while later fund manager owns 2.53 million shares of worth $8.95 million as of Oct 30, 2021, which makes it owner of about 0.65% of company’s outstanding stock.

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