Gryphon Digital Mining Inc. (NASDAQ: GRYP) kicked off on Tuesday, down -9.69% from the previous trading day, before settling in for the closing price of $0.83. Over the past 52 weeks, GRYP has traded in a range of $0.49-$10.30.
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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -3.67%. While this was happening, its average annual earnings per share was recorded 96.72%. With a float of $25.58 million, this company’s outstanding shares have now reached $40.43 million.
The extent of productivity of a business whose workforce counts for 3 workers is very important to gauge. In terms of profitability, gross margin is 4.37%, operating margin of -63.0%, and the pretax margin is -139.32%.
Gryphon Digital Mining Inc. (GRYP) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Gryphon Digital Mining Inc. is 36.73%, while institutional ownership is 7.12%. The most recent insider transaction that took place on Jun 21 ’24, was worth 66,158. In this transaction Chief Financial Officer of this company sold 55,595 shares at a rate of $1.19, taking the stock ownership to the 169,423 shares. Before that another transaction happened on Apr 04 ’24, when Company’s Director sold 14,035 for $1.26, making the entire transaction worth $17,684. This insider now owns 14,035 shares in total.
Gryphon Digital Mining Inc. (GRYP) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -120.6 earnings per share (EPS), lower than consensus estimate (set at -14.2) by -106.4. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 96.72% per share during the next fiscal year.
Gryphon Digital Mining Inc. (NASDAQ: GRYP) Trading Performance Indicators
Take a look at Gryphon Digital Mining Inc.’s (GRYP) current performance indicators. Last quarter, stock had a quick ratio of 0.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -13.93, a number that is poised to hit -0.16 in the next quarter
Technical Analysis of Gryphon Digital Mining Inc. (GRYP)
The latest stats from [Gryphon Digital Mining Inc., GRYP] show that its last 5-days average volume of 0.24 million was inferior to 0.34 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.57%. Additionally, its Average True Range was 0.10.
During the past 100 days, Gryphon Digital Mining Inc.’s (GRYP) raw stochastic average was set at 18.48%, which indicates a significant decrease from 66.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 173.69% in the past 14 days, which was higher than the 106.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0218, while its 200-day Moving Average is $3.0789. Now, the first resistance to watch is $0.8691. This is followed by the second major resistance level at $0.9882. The third major resistance level sits at $1.0945. If the price goes on to break the first support level at $0.6437, it is likely to go to the next support level at $0.5374. Assuming the price breaks the second support level, the third support level stands at $0.4183.
Gryphon Digital Mining Inc. (NASDAQ: GRYP) Key Stats
The company with the Market Capitalisation of 30.32 million has total of 39,272K Shares Outstanding. Its annual sales at the moment are 6,840 K in contrast with the sum of -11,580 K annual income. Company’s last quarter sales were recorded 5,520 K and last quarter income was -4,010 K.
