Introducing Digihost Technology (CVE:DGHI), The Stock That Zoomed 141% In The Last Year

It's been a soft week for Digihost Technology Inc. (CVE:DGHI) shares, which are down 11%. On the other hand, over the last twelve months the stock has delivered rather impressive returns. Indeed, the share price is up an impressive 141% in that time. So it may be that the share price is simply cooling off after a strong rise. More important, going forward, is how the business itself is going.

View our latest analysis for Digihost Technology

Digihost Technology isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

If you are thinking of buying or selling Digihost Technology stock, you should check out this FREE detailed report on its balance sheet.

A Different Perspective

Digihost Technology boasts a total shareholder return of 141% for the last year. A substantial portion of that gain has come in the last three months, with the stock up 957% in that time. This suggests the company is continuing to win over new investors. It's always interesting to track share price performance over the longer term. But to understand Digihost Technology better, we need to consider many other factors. To that end, you should be aware of the 3 warning signs we've spotted with Digihost Technology .

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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