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05:34
Assessing the valuation of HIVE Digital Technologies (TSXV:HIVE) after recent analyst downgrades and target price reductions
According to a report by Bijie Network: Keefe, Bruyette Woods downgraded the rating of a certain exchange to "market perform" due to investor concerns over its bitcoin mining revenue and competitiveness in artificial intelligence cloud. The stock is currently trading at approximately 4.01 Canadian dollars, with recent mixed performance and a decline in share price. Its price-to-earnings ratio is 20.4 times, which is lower than the average level of the software industry but higher than its estimated fair value, prompting investors to reassess the stock.
05:26
HYPE's largest long whale withdraws $7 million in margin, raising the liquidation price to $25
ChainCatcher news, according to monitoring by HyperInsight, since HYPE price broke through $34 last night, suspected HYPE insider whales have successively withdrawn approximately $7 million in released margin from Hyperliquid.
05:24
Australian stocks closed down 0.07%
Gelonghui, January 29|Australia's S&P/ASX200 index closed down 6.40 points, a decrease of 0.07%, at 8,927.50 points.
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