Hut 8 (TSE:HUT) Shares Up 0.9% – Here’s What Happened

Posted by Stanley Muller on Jun 27th, 2026

Hut 8 Corp. (TSE:HUT – Get Free Report) shares rose 0.9% on Thursday . The company traded as high as C$173.46 and last traded at C$166.67. 421,375 shares traded hands during trading, a decline of 56% from the average daily volume of 958,333 shares. The stock had previously closed at C$165.15.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised shares of Hut 8 to a “strong-buy” rating in a research note on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Strong Buy”.

Read Our Latest Stock Analysis on HUT

Hut 8 Stock Up 4.5%

The business’s 50-day moving average is C$145.76 and its two-hundred day moving average is C$98.28. The firm has a market capitalization of C$19.61 billion, a price-to-earnings ratio of -61.76 and a beta of 4.58. The company has a debt-to-equity ratio of 30.65, a quick ratio of 1.25 and a current ratio of 0.86.

About Hut 8

(Get Free Report)

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.

Hut 8 (TSE:HUT) Shares Up 0.9% – Here’s What Happened

Analyst Upgrades and Downgrades

Hut 8 Stock Up 4.5%

About Hut 8

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