Hut 8 Corp. (TSE:HUT – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$159.00 and last traded at C$156.00, with a volume of 68967 shares. The stock had previously closed at C$151.07.
Analyst Upgrades and Downgrades
HUT has been the subject of several recent analyst reports. Keefe, Bruyette & Woods raised shares of Hut 8 to a “moderate buy” rating in a report on Tuesday, January 27th. HC Wainwright upgraded Hut 8 to a “strong-buy” rating in a research note on Monday, February 2nd. Finally, Jefferies Financial Group upgraded Hut 8 to a “strong-buy” rating in a research note on Thursday, May 14th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat.com, Hut 8 presently has a consensus rating of “Strong Buy”.
Read Our Latest Research Report on Hut 8
Hut 8 Stock Performance
Hut 8 Company Profile
Hut 8 Mining Corp is North America’s innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin’s market direction.
Featured Articles
- Five stocks we like better than Hut 8
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
- 3 Defense Giants Boosting Dividends as Shares Take a Ride
- Powerhouse Williams-Sonoma Heading to Fresh Highs in 2026
- Quantum Stocks Just Got a Lifeline—Who Benefits Most?
Receive News & Ratings for Hut 8 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hut 8 and related companies with MarketBeat.com's FREE daily email newsletter.
