Gryphon Digital Mining Inc (NASDAQ: GRYP) kicked off on Monday, down -11.14% from the previous trading day, before settling in for the closing price of $0.45. Over the past 52 weeks, GRYP has traded in a range of $0.38-$10.30.
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A company in the Financial sector has dropped its sales by -3.67% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 96.72%. With a float of $28.12 million, this company’s outstanding shares have now reached $41.03 million.
In an organization with 3 employees, it is important to assess its efficiency. 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) 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 45.73%, 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) Performance Highlights and Predictions
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
Take a look at Gryphon Digital Mining Inc’s (GRYP) current performance indicators. Last quarter, 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 3.11.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.61 million. That was better than the volume of 0.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.20%. Additionally, its Average True Range was 0.08.
During the past 100 days, Gryphon Digital Mining Inc’s (GRYP) raw stochastic average was set at 3.19%, which indicates a significant decrease from 9.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 141.77% in the past 14 days, which was higher than the 129.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6136, while its 200-day Moving Average is $0.9588. However, in the short run, Gryphon Digital Mining Inc’s stock first resistance to watch stands at $0.4451. Second resistance stands at $0.4871. The third major resistance level sits at $0.5153. If the price goes on to break the first support level at $0.3749, it is likely to go to the next support level at $0.3467. Assuming the price breaks the second support level, the third support level stands at $0.3047.
Gryphon Digital Mining Inc (NASDAQ: GRYP) Key Stats
The company with the Market Capitalisation of 21.29 million has total of 51,809K 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 3,690 K and last quarter income was -5,950 K.
