Hut 8 Corp Stock Today

HUT Stock  USD 21.50  1.39  6.91%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 43

 
High
 
Low
Below Average
Hut 8 is selling for under 21.50 as of the 30th of January 2025; that is 6.91 percent up since the beginning of the trading day. The stock's last reported lowest price was 20.11. Hut 8 has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
8th of March 2018
Classification
Financials
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. Hut 8 operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 93.39 M outstanding shares of which 10.57 M shares are currently shorted by investors with about 2.65 days to cover. More on Hut 8 Corp

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Follow Valuation Options Odds of Bankruptcy
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Hut Stock Highlights

President CoFounderAsher Genoot
Old Names[Hut 8 Mining Corp, Hurricane Energy plc, Hurricane Energy plc]
Business ConcentrationFinancial Exchanges & Data, Financial Services, HNX 30, HNX, NASDAQ Composite, HNX Large Cap, HNX Construction, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.09150.0963
Notably Down
Pretty Stable
Total Current Liabilities179.2 M170.7 M
Sufficiently Up
Slightly volatile
Total Assets1.2 B1.1 B
Sufficiently Up
Slightly volatile
Total Current Assets74.3 M93.4 M
Significantly Down
Slightly volatile
Debt Levels
Hut 8 can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hut 8's financial leverage. It provides some insight into what part of Hut 8's total assets is financed by creditors.
Liquidity
Hut 8 Corp has 268.75 M in debt with debt to equity (D/E) ratio of 0.1, which may show that the company is not taking advantage of profits from borrowing. Hut 8 Corp has a current ratio of 9.38, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Hut to invest in growth at high rates of return.

Change In Working Capital

10.7 Million
Hut 8 Corp (HUT) is traded on NASDAQ Exchange in USA. It is located in 1101 Brickell Avenue, Miami, FL, United States, 33131 and employs 219 people. Hut 8 is listed under Financial Exchanges & Data category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.23 B. Hut 8 Corp runs under Capital Markets sector within Financials industry. The entity has 93.39 M outstanding shares of which 10.57 M shares are currently shorted by investors with about 2.65 days to cover. Hut 8 Corp has about 33.02 M in cash with (26.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Check Hut 8 Probability Of Bankruptcy
Ownership Allocation
Hut 8 Corp has a total of 93.39 Million outstanding shares. Over half of Hut 8's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Also note that almost fifteen million seventy-three thousand five hundred thirty-three invesors are currently shorting Hut 8 expressing very little confidence in its future performance.
Check Hut Ownership Details

Hut Stock Institutional Holders

InstituionRecorded OnShares
Your Advocates Ltd., Llp2024-09-30
K
Huntington National Bank2024-09-30
1.0
Federation Des Caisses Desjardins Du Quebec2024-06-30
0.0
Citadel Advisors Llc2024-06-30
0.0
View Hut 8 Diagnostics

Hut 8 Historical Income Statement

At this time, Hut 8's Cost Of Revenue is comparatively stable compared to the past year. View More Fundamentals

Hut Stock Against Markets

Hut 8 Corporate Management

Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.