Is Hut 8 stock a good investment?

As you know Bitcoin price movement is extremely volatile, so does the Hut 8 stock. Coz, the company mines BTC and its price is directly related to BTC prices for profitability. Hut 8 does not mine any other cryptocurrency such as Ethereum or Lite Coin. This is something to make a note of before you go ahead and invest.

Where is Hut 8 Corp (hut) located?

Hut 8 serves customers in North America. The Exchange Tower 130 King Street West, Suite 18 Toronto, ON M5X 1E3 Canada Stock analysis for Hut 8 Corp (HUT:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

What is Hut 8 Mining Corp's (hut) price target?

Hut 8 Mining Corp. (NASDAQ:HUT)’s beta value is holding at 3.04, while the average true range (ATR) indicator is currently reading 0.21. Considering analysts have assigned the stock a price target range of $2.99-$6.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $4.75.

What are hut share price targets?

Their HUT share price targets range from $2.00 to $3.50. On average, they predict the company's share price to reach $2.75 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View analysts price targets for HUT or view top-rated stocks among Wall Street analysts. How have HUT shares performed in 2023?