HIVE Blockchain Technologies (OTCMKTS:HVBTF) Trading Up 0.5% – Still a Buy?

HIVE Blockchain Technologies Ltd. (OTCMKTS:HVBTF) traded up 0.5% during trading on Wednesday . The stock traded as high as $2.27 and last traded at $2.21. 8,351,002 shares changed hands during mid-day trading, an increase of 111% from the average session volume of 3,960,986 shares. The stock had previously closed at $2.20.

HIVE Blockchain Technologies Stock Performance

The business’s fifty day moving average price is $2.56 and its 200-day moving average price is $3.48.

About HIVE Blockchain Technologies

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.