Gryphon Digital Mining Inc (GRYP) 14-day ATR is 0.08: This Stock is Set to Soar Above its Peers

Gryphon Digital Mining Inc (NASDAQ: GRYP) started the day on Thursday, with a price decrease of -9.10% at $0.63, before settling in for the price of $0.69 at the close. Taking a more long-term approach, GRYP posted a 52-week range of $0.38-$10.30.

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In the past 5-years timespan, the Financial sector firm’s annual sales growth was -3.67%. Meanwhile, its Annual Earning per share during the time was -72.98%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 96.72%. This publicly-traded company’s shares outstanding now amounts to $40.43 million, simultaneously with a float of $25.64 million. The organization now has a market capitalization sitting at $25.36 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6007, while the 200-day Moving Average is $1.6041.

Gryphon Digital Mining Inc (GRYP) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Capital Markets Industry. Gryphon Digital Mining Inc’s current insider ownership accounts for 36.58%, in contrast to 6.91% institutional ownership. According to the most recent insider trade that took place on Jun 21 ’24, this organization’s Chief Financial Officer sold 55,595 shares at the rate of 1.19, making the entire transaction reach 66,158 in total value, affecting insider ownership by 169,423. Preceding that transaction, on Apr 04 ’24, Company’s Director sold 14,035 for 1.26, making the whole transaction’s value amount to 17,684. This particular insider is now the holder of 14,035 in total.

Gryphon Digital Mining Inc (GRYP) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.

Gryphon Digital Mining Inc’s EPS increase for this current 12-month fiscal period is 96.72%.

Gryphon Digital Mining Inc (NASDAQ: GRYP) Trading Performance Indicators

Let’s observe the current performance indicators for Gryphon Digital Mining Inc (GRYP). It’s Quick Ratio in the last reported quarter now stands at 0.13. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.71.

In the same vein, GRYP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -13.93, a figure that is expected to reach -0.16 in the next quarter.

Technical Analysis of Gryphon Digital Mining Inc (GRYP)

If we take a close look at the recent performances of Gryphon Digital Mining Inc (NASDAQ: GRYP), its last 5-days Average volume was 1.1 million that shows progress from its year to date volume of 0.34 million. During the previous 9 days, stock’s Stochastic %D was recorded 56.59% While, its Average True Range was 0.0800.

Raw Stochastic average of Gryphon Digital Mining Inc (GRYP) in the period of the previous 100 days is set at 22.89%, which indicates a major fall in contrast to 39.46% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 117.24% that was higher than 109.81% volatility it exhibited in the past 100-days period.