With 4.47 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.85 million shares. The 52-week range on HUT shows that it touched its highest point at $31.95 and its lowest point at $7.67 during that stretch. It currently has a 1-year price target of $25.69. Beta for the stock currently stands at 3.94.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HUT was down-trending over the past week, with a drop of -2.67%, but this was up by 7.14% over a month. Three-month performance dropped to -41.04% while six-month performance fell -29.72%. The stock gained 59.70% in the past year, while it has lost -37.73% so far this year. A look at the trailing 12-month EPS for HUT yields 3.42 with Next year EPS estimates of 0.30. For the next quarter, that number is -0.10. This implies an EPS growth rate of -108.24% for this year and 207.71% for next year.
Float and Shares Shorts:
At present, 99.48 million HUT shares are outstanding with a float of 92.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HUT since 12 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.71166 being high and $2.24485 being low. For HUT, this leads to a yearly average estimate of $2.82811.
