A new trading day began on Monday, with Gryphon Digital Mining Inc (NASDAQ: GRYP) stock price down -4.35% from the previous day of trading, before settling in for the closing price of $0.45. GRYP’s price has ranged from $0.38 to $10.30 over the past 52 weeks.
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During the last 5-year period, the sales drop of Financial Sector giant was -3.67%. Meanwhile, its annual earnings per share averaged 96.72%. With a float of $28.62 million, this company’s outstanding shares have now reached $41.03 million.
Let’s determine the extent of company efficiency that accounts for 3 employees. In terms of profitability, gross margin is 14.77%, operating margin of -76.45%, and the pretax margin is -144.22%.
Gryphon Digital Mining Inc (GRYP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Gryphon Digital Mining Inc is 44.75%, while institutional ownership is 5.05%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 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
Here are Gryphon Digital Mining Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.23.
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)
Looking closely at Gryphon Digital Mining Inc (NASDAQ: GRYP), its last 5-days average volume was 1.35 million, which is a jump from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 24.72%. Additionally, its Average True Range was 0.09.
During the past 100 days, Gryphon Digital Mining Inc’s (GRYP) raw stochastic average was set at 6.53%, which indicates a significant decrease from 13.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 135.90% in the past 14 days, which was lower than the 139.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6271, while its 200-day Moving Average is $0.9832. However, in the short run, Gryphon Digital Mining Inc’s stock first resistance to watch stands at $0.4507. Second resistance stands at $0.4745. The third major resistance level sits at $0.4894. If the price goes on to break the first support level at $0.4120, it is likely to go to the next support level at $0.3971. Now, if the price goes above the second support level, the third support stands at $0.3733.
Gryphon Digital Mining Inc (NASDAQ: GRYP) Key Stats
With a market capitalization of 22.12 million, the company has a total of 51,809K Shares Outstanding. Currently, annual sales are 6,840 K while annual income is -11,580 K. The company’s previous quarter sales were 3,690 K while its latest quarter income was -5,950 K.
