HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE)’s stock price rose 7.1% during trading on Wednesday . The company traded as high as $2.75 and last traded at $2.73. Approximately 53,628 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 4,069,485 shares. The stock had previously closed at $2.55.
Separately, HC Wainwright reiterated a “buy” rating on shares of HIVE Blockchain Technologies in a report on Tuesday, June 1st.
The firm has a 50 day moving average of $2.84.
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It is involved in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd.
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