KD Logo

Examining the Potential Price Growth of Hut 8 Corp (HUT)

Hut 8 Corp’s recently made public that its Chief Legal Officer Semah Victor unloaded Company’s shares for reported $0.15 million on May 05 ’25. In the deal valued at $12.95 per share,11,363 shares were sold. As a result of this transaction, Semah Victor now holds 15,738 shares worth roughly $0.2 million.

Then, Semah Victor bought 11,363 shares, generating $147,186 in total proceeds.

Before that, Flinn Joseph sold 7,618 shares. Hut 8 Corp shares valued at $89,427 were divested by the Director at a price of $11.74 per share. As a result of the transaction, Flinn Joseph now holds 11,861 shares, worth roughly $0.15 million.

Maxim Group initiated its Hut 8 Corp [HUT] rating to a Buy in a research note published on May 01, 2025; the price target was $20. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in late April with a ‘”an Outperform”‘ rating. BTIG Research began covering HUT with “Buy” recommendation on April 14, 2025. Rosenblatt started covering the stock on March 07, 2025. It rated HUT as “a Buy”.

Price Performance Review of HUT

On Monday, Hut 8 Corp [NASDAQ:HUT] saw its stock fall -7.54% to $12.76. Over the last five days, the stock has lost -2.67%. Hut 8 Corp shares have fallen nearly -37.73% since the year began. Nevertheless, the stocks have risen 59.70% over the past one year. While a 52-week high of $31.95 was reached on 01/17/25, a 52-week low of $7.67 was recorded on 04/04/25. SMA at 50 days reached $12.80, while 200 days put it at $16.77.

Levels Of Support And Resistance For HUT Stock

The 24-hour chart illustrates a support level at 12.53, which if violated will result in even more drops to 12.30. On the upside, there is a resistance level at 13.14. A further resistance level may holdings at 13.52. The Relative Strength Index (RSI) on the 14-day chart is 50.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.26%. Stochastics %K at 78.94% indicates the stock is a holding.

The most recent change occurred on January 08, 2025 when Keefe Bruyette began covering the stock and recommended ‘”an Outperform”‘ rating .

Most Popular