Shares of Hut 8 Corp (HUT, Financial) surged 16.50% in mid-day trading on Nov 28. The stock reached an intraday high of $28.78, before settling at $28.45, up from its previous close of $24.42. This places HUT 1.15% below its 52-week high of $28.78 and 360.36% above its 52-week low of $6.18. Trading volume was 12,267,844 shares, 196.7% of the average daily volume of 6,237,493.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Hut 8 Corp (HUT, Financial) is $23.50 with a high estimate of $32.00 and a low estimate of $13.50. The average target implies an downside of 17.40% from the current price of $28.45. More detailed estimate data can be found on the Hut 8 Corp (HUT) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Hut 8 Corp's (HUT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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