A share price of Digihost Technology Inc [DGHI] is currently trading at $3.41, down -6.83%. An important factor to consider is whether the stock is rising or falling in short-term value. The DGHI shares have gain 24.00% over the last week, with a monthly amount glided 109.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Digihost Technology Inc experienced fluctuations in its stock price throughout the past year between $0.84 and $3.77. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Digihost Technology Inc [NASDAQ: DGHI] shares were valued at $3.41 at the most recent close of the market. An investor can expect a potential drop of -26.69% based on the average DGHI price forecast.
Analyzing the DGHI fundamentals
Trailing Twelve Months sales for Digihost Technology Inc [NASDAQ:DGHI] were 42.15M which represents 71.28% growth. Gross Profit Margin for this corporation currently stands at -0.24% with Operating Profit Margin at -0.37%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.42, Equity is -0.55 and Total Capital is -0.48. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.01 points at the first support level, and at 2.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.79, and for the 2nd resistance point, it is at 4.17.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Digihost Technology Inc [NASDAQ:DGHI] is 1.09. On the other hand, the Quick Ratio is 1.09, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 2.72, the price to book ratio is 4.24.