Greenidge Generation Holdings Inc (GREE) surge 1.22% in a week: will this be a lucky break through?

As on Wednesday, Greenidge Generation Holdings Inc (NASDAQ: GREE) got off with the flyer as it spiked 7.36% to $2.48, before settling in for the price of $2.31 at the close. Taking a more long-term approach, GREE posted a 52-week range of $1.62-$9.26.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Financial Sector giants’ yearly sales growth during the last 5-year period was 55.47%. Meanwhile, its Annual Earning per share during the time was 36.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 46.76%. This publicly-traded company’s shares outstanding now amounts to $10.67 million, simultaneously with a float of $7.63 million. The organization now has a market capitalization sitting at $26.46 million. At the time of writing, stock’s 50-day Moving Average stood at $2.04, while the 200-day Moving Average is $2.78.

Greenidge Generation Holdings Inc (GREE) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Capital Markets industry. Greenidge Generation Holdings Inc’s current insider ownership accounts for 28.49%, in contrast to 3.75% institutional ownership. According to the most recent insider trade that took place on Sep 06 ’24, this organization’s Chief Executive Officer bought 5,000 shares at the rate of 1.72, making the entire transaction reach 8,598 in total value, affecting insider ownership by 68,282. Preceding that transaction, on May 28 ’24, Company’s President sold 8,777 for 2.81, making the whole transaction’s value amount to 24,639. This particular insider is now the holder of 70,962 in total.

Greenidge Generation Holdings Inc (GREE) Earnings and Revenue Records

Greenidge Generation Holdings Inc’s EPS increase for this current 12-month fiscal period is 46.76% and is forecasted to reach -1.83 in the upcoming year.

Greenidge Generation Holdings Inc (NASDAQ: GREE) Trading Performance Indicators

Let’s observe the current performance indicators for Greenidge Generation Holdings Inc (GREE). It’s Quick Ratio in the last reported quarter now stands at 1.22. The Stock has managed to achieve an average true range (ATR) of 0.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.41.

In the same vein, GREE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.03, a figure that is expected to reach -0.53 in the next quarter, and analysts are predicting that it will be -1.83 at the market close of one year from today.

Technical Analysis of Greenidge Generation Holdings Inc (GREE)

Through scrutinizing the latest numbers posted by the [Greenidge Generation Holdings Inc, GREE], it can be observed that its last 5-days Average volume of 0.43 million was better the volume of 0.26 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 26.26% While, its Average True Range was 0.23.

Raw Stochastic average of Greenidge Generation Holdings Inc (GREE) in the period of the previous 100 days is set at 42.57%, which indicates a major fall in contrast to 48.48% 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 126.05% that was higher than 101.45% volatility it exhibited in the past 100-days period.