Gryphon Digital Mining Inc (NASDAQ: GRYP) is -94.71% lower on its value in year-to-date trading and has touched a low of $0.38 and a high of $10.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GRYP stock was last observed hovering at around $0.38 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $0.46, the stock is -23.92% and -27.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing 20.29% at the moment leaves the stock -53.77% off its SMA200. GRYP registered -92.57% loss for a year compared to 6-month loss of -59.60%. The firm has a 50-day simple moving average (SMA 50) of $0.63266 and a 200-day simple moving average (SMA200) of $1.00359.
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The stock witnessed a -37.19% gain in the last 1 month and extending the period to 3 months gives it a -8.25%, and is -21.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 22.03% over the week and 15.12% over the month.
Gryphon Digital Mining Inc (GRYP) has around 3 employees, a market worth around $23.86M and $6.84M in sales. Profit margin for the company is -169.36%. Distance from 52-week low is 21.21% and -95.53% from its 52-week high.
with sales reaching $3.9M over the same period.The EPS is expected to grow by 96.72% this year
The shares outstanding are 41.03M, and float is at 28.62M with Short Float at 2.09%.
Gryphon Digital Mining Inc (GRYP) Insider Activity
The most recent transaction is an insider sale by Salzman Simeon, the company’s Chief Financial Officer. SEC filings show that Salzman Simeon sold 55,595 shares of the company’s common stock on Jun 21 ’24 at a price of $1.19 per share for a total of $66158.0. Following the sale, the insider now owns 0.17 million shares.
Gryphon Digital Mining Inc disclosed in a document filed with the SEC on Apr 04 ’24 that GUTTERMAN STEVEN D. (Director) sold a total of 14,035 shares of the company’s common stock. The trade occurred on Apr 04 ’24 and was made at $1.26 per share for $17684.0. Following the transaction, the insider now directly holds 14035.0 shares of the GRYP stock.
