HIVE Digital Technologies Ltd. (HIVE)
(Delayed Data from NSDQ)
$3.52 USD
+0.21 (6.34%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $3.54 +0.02 (0.57%) 7:58 PM ET
2-Buy of 5 2
F Value F Growth B Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
HIVE 3.52 +0.21(6.34%)
Will HIVE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for HIVE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HIVE
Discover (DFS) Expands Market Reach With Exchange Credit Program
Rithm Capital (RITM) Up 15% in the Past Year: More Room to Run?
HIVE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Discover (DFS) Unveils Balance+ Overdraft Protection Tool
Why Investors Should Hold Blue Owl Capital (OBDC) Stock for Now
Discover Financial (DFS) Resolves Merchant Lawsuit Amid Merger
Other News for HIVE
HIVE Blockchain Technologies: Outperforming in Crypto Mining and Poised for Growth in High-Performance Computing
HIVE Blockchain Reports Strong Annual Financials
Largest borrow rate increases among liquid names
HIVE Blockchain Technologies: Growth and Efficiency Gains Amidst Hold Rating Due to Bitcoin Mining Economic Concerns
Warning: HIVE is at high risk of performing badly