On Friday, Gryphon Digital Mining Inc (NASDAQ: GRYP) opened lower -6.50% from the last session, before settling in for the closing price of $0.33. Price fluctuations for GRYP have ranged from $0.27 to $3.06 over the past 52 weeks.
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A company in the Financial sector has dropped its sales by -4.41% annually for the last half of the decade. Company’s average yearly earnings per share was noted 96.72% at the time writing. With a float of $46.20 million, this company’s outstanding shares have now reached $69.00 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
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 33.04%, while institutional ownership is 3.35%. The most recent insider transaction that took place on Jan 13 ’25, was worth 18,881. In this transaction Director of this company bought 48,412 shares at a rate of $0.39, taking the stock ownership to the 48,412 shares. Before that another transaction happened on Jan 13 ’25, when Company’s Director bought 96,824 for $0.39, making the entire transaction worth $37,761. This insider now owns 96,824 shares in total.
Gryphon Digital Mining Inc (GRYP) Performance Highlights and Predictions
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 0.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.13.
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 1.03 million. That was inferior than the volume of 4.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 57.30%. Additionally, its Average True Range was 0.04.
During the past 100 days, Gryphon Digital Mining Inc’s (GRYP) raw stochastic average was set at 4.92%, which indicates a significant decrease from 38.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.48% in the past 14 days, which was lower than the 122.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3988, while its 200-day Moving Average is $0.7675. However, in the short run, Gryphon Digital Mining Inc’s stock first resistance to watch stands at $0.3372. Second resistance stands at $0.3635. The third major resistance level sits at $0.3799. If the price goes on to break the first support level at $0.2945, it is likely to go to the next support level at $0.2781. Assuming the price breaks the second support level, the third support level stands at $0.2518.
Gryphon Digital Mining Inc (NASDAQ: GRYP) Key Stats
There are currently 51,809K shares outstanding in the company with a market cap of 21.44 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 3,690 K and its income totaled -5,950 K.
