HC Wainwright reissued their buy rating on shares of Digihost Technology (NASDAQ:DGXX – Free Report) in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a $2.50 target price on the stock.
Digihost Technology Stock Up 5.6%
NASDAQ DGXX opened at $2.45 on Thursday. The stock has a fifty day moving average of $1.35. Digihost Technology has a 52-week low of $0.84 and a 52-week high of $3.77. The firm has a market cap of $89.09 million, a price-to-earnings ratio of -4.71 and a beta of 5.33.
Digihost Technology (NASDAQ:DGXX – Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.42) by $0.37. The firm had revenue of $9.28 million for the quarter, compared to analyst estimates of $12.10 million.
About Digihost Technology
Digihost Technology Inc operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
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