On Monday, Gryphon Digital Mining Inc. (NASDAQ: GRYP) opened higher 16.19% from the last session, before settling in for the closing price of $0.61. Price fluctuations for GRYP have ranged from $0.38 to $10.30 over the past 52 weeks.
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Financial Sector giant saw their annual sales slid by -3.67% over the last five years. Company’s average yearly earnings per share was noted 96.72% at the time writing. With a float of $25.64 million, this company’s outstanding shares have now reached $40.43 million.
The firm has a total of 3 workers. Let’s measure their productivity. 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 Activity
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Gryphon Digital Mining Inc. is 36.58%, while institutional ownership is 6.98%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -120.6 earnings per share (EPS) for the quarter, coming under the agreed prediction (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
Check out the current performance indicators for Gryphon Digital Mining Inc. (GRYP). In the past quarter, the stock posted a quick ratio of 0.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.20.
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)
Analysing the last 5-days average volume posted by the [Gryphon Digital Mining Inc., GRYP], we can find that recorded value of 0.83 million was better than the volume posted last year of 0.33 million. As of the previous 9 days, the stock’s Stochastic %D was 62.84%. Additionally, its Average True Range was 0.07.
During the past 100 days, Gryphon Digital Mining Inc.’s (GRYP) raw stochastic average was set at 29.62%, which indicates a significant decrease from 97.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.21% in the past 14 days, which was lower than the 114.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6064, while its 200-day Moving Average is $1.6887. Now, the first resistance to watch is $0.7539. This is followed by the second major resistance level at $0.7969. The third major resistance level sits at $0.8788. If the price goes on to break the first support level at $0.6290, it is likely to go to the next support level at $0.5471. Should the price break the second support level, the third support level stands at $0.5041.
Gryphon Digital Mining Inc. (NASDAQ: GRYP) Key Stats
There are currently 39,272K shares outstanding in the company with a market cap of 28.74 million. Presently, the company’s annual sales total 6,840 K according to its annual income of -11,580 K. Last quarter, the company’s sales amounted to 5,520 K and its income totaled -4,010 K.
