Hut 8 Corp HUT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Hut 8 GPU-as-a-Service Vertical Goes Live with Inaugural Deployment
-
Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
-
Struggling bitcoin miners may be revived by Fed rate decision, regardless of cut size
-
Hut 8 Operations Update for August 2024
-
Investigation Alert Hut 8, Xponential Fitness, and iRhythm Technologies: Submit Your Information Now to Johnson Fistel, LLP
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Hut 8 Reports Second Quarter 2024 Results
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Hut 8 Announces New Chief Financial Officer
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Hut 8 Operations Update for July 2024
Trading Information
- Previous Close Price
- $12.63
- Day Range
- $12.64–13.32
- 52-Week Range
- $6.18–21.10
- Bid/Ask
- $13.03 / $13.09
- Market Cap
- $1.19 Bil
- Volume/Avg
- 4.1 Mil / 5.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 112.71
- Price/Sales
- 2.55
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Hut 8 Corp is engaged in the mining of digital assets with an operational focus on utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and receiving Bitcoin in return for successful services. The company has four reportable business segments: Digital Assets Mining, Managed Services, High Performance Computing -Colocation and Cloud, and Other. It derives maximum revenue from Digital Assets Mining segment.
- Sector
- Financial Services
- Industry
- Capital Markets
- Stock Style Box
- —
- Total Number of Employees
- 219
- Website
- https://www.hut8.com
Comparables
Valuation
|
Metric
|
HUT
|
MARA
|
CIFR
|
|---|---|---|---|
Price/Earnings (Normalized) | 112.71 | 12.08 | 12.59 |
Price/Book Value | 1.80 | 1.88 | 1.96 |
Price/Sales | 2.55 | 7.48 | 7.42 |
Price/Cash Flow | — | 27.62 | — |
Price/Earnings
HUT
MARA
CIFR
Financial Strength
|
Metric
|
HUT
|
MARA
|
CIFR
|
|---|---|---|---|
Quick Ratio | 1.57 | 2.77 | 3.38 |
Current Ratio | 1.68 | 3.75 | 8.49 |
Interest Coverage | 9.18 | 70.46 | 14.37 |
Quick Ratio
HUT
MARA
CIFR
Profitability
|
Metric
|
HUT
|
MARA
|
CIFR
|
|---|---|---|---|
Return on Assets (Normalized) | 34.13% | 6.41% | 16.15% |
Return on Equity (Normalized) | 59.53% | 8.30% | 18.66% |
Return on Invested Capital (Normalized) | 39.86% | 6.71% | 17.79% |
Return on Assets
HUT
MARA
CIFR
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United States