HIVE Blockchain Technologies (OTCMKTS:HVBTF) Trading Up 1.4% – What’s Next?

HIVE Blockchain Technologies Ltd. (OTCMKTS:HVBTFGet Free Report) shot up 1.4% during trading on Thursday . The company traded as high as $2.93 and last traded at $2.82. 38,291,788 shares traded hands during mid-day trading, an increase of 867% from the average daily volume of 3,960,986 shares. The stock had previously closed at $2.78.

HIVE Blockchain Technologies Stock Performance

The stock’s 50 day simple moving average is $3.28 and its two-hundred day simple moving average is $2.86.

About HIVE Blockchain Technologies

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HIVE Blockchain Technologies is a Canada-based blockchain infrastructure company that specializes in the mining and sale of digital currencies. The company is publicly traded on the TSX Venture Exchange and is cross-listed on the OTCMKTS under the symbol HVBTF. HIVE leverages high-performance computing hardware to validate transactions on major blockchain networks, with a focus on mining both Proof-of-Work and Proof-of-Stake cryptocurrencies.

HIVE operates a network of data centers across multiple jurisdictions, including facilities in Sweden, Iceland and Québec, Canada.

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