Hut 8 Corp HUT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Canadian Stocks Reverse Winning Streak, Led by Galaxy Digital
-
Hut 8 Operations Update for June 2024
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Hut 8 Announces Closing of $150 Million Investment from Coatue
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Hut 8 Set to Join to Russell 3000® Index
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Hut 8 Shares Jump With $150 Million Investment From Coatue Management
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Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure Platform
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Investigation Alert Hut 8, Xponential Fitness, and iRhythm Technologies: Submit Your Information Now to Johnson Fistel, LLP
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Hut 8 Reports First Quarter 2024 Results
Trading Information
- Previous Close Price
- $16.16
- Day Range
- $14.51–16.58
- 52-Week Range
- $6.18–22.75
- Bid/Ask
- $16.43 / $16.54
- Market Cap
- $1.49 Bil
- Volume/Avg
- 6.1 Mil / 4.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 142.09
- Price/Sales
- 2.74
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Hut 8 Corp is engaged in the mining of digital assets with an operational focus on utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and receiving Bitcoin in return for successful services. The company has four reportable business segments: Digital Assets Mining, Managed Services, High Performance Computing -Colocation and Cloud, and Other. It derives maximum revenue from Digital Assets Mining segment.
- Sector
- Financial Services
- Industry
- Capital Markets
- Stock Style Box
- —
- Total Number of Employees
- 219
- Website
- https://www.hut8.com
Valuation
|
Metric
|
HUT
|
|---|---|
Price/Earnings (Normalized) | 142.09 |
Price/Book Value | 2.02 |
Price/Sales | 2.74 |
Price/Cash Flow | — |
Price/Earnings
HUT
Financial Strength
|
Metric
|
HUT
|
|---|---|
Quick Ratio | 0.18 |
Current Ratio | 0.31 |
Interest Coverage | 12.30 |
Quick Ratio
HUT
Profitability
|
Metric
|
HUT
|
|---|---|
Return on Assets (Normalized) | 60.71% |
Return on Equity (Normalized) | 126.86% |
Return on Invested Capital (Normalized) | 69.37% |
Return on Assets
HUT
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