Gryphon Digital Mining Inc (NASDAQ: GRYP) is 10.56% higher on its value in year-to-date trading and has touched a low of $0.35 and a high of $8.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GRYP stock was last observed hovering at around $0.40 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $0.44, the stock is 1.90% and -22.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.39 million and changing 11.73% at the moment leaves the stock -51.46% off its SMA200. GRYP registered -93.85% loss for a year compared to 6-month loss of -61.81%. The firm has a 50-day simple moving average (SMA 50) of $0.5745 and a 200-day simple moving average (SMA200) of $0.91735.
The stock witnessed a -25.55% gain in the last 1 month and extending the period to 3 months gives it a -17.72%, and is 5.38% up 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 26.22% over the week and 17.33% over the month.
Gryphon Digital Mining Inc (GRYP) has around 3 employees, a market worth around $22.95M and $6.84M in sales. Profit margin for the company is -169.36%. Distance from 52-week low is 26.32% and -94.74% 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.
Gryphon Digital Mining Inc (GRYP) Top Institutional Holders
The shares outstanding are 41.03M, and float is at 28.12M with Short Float at 2.28%.
Gryphon Digital Mining Inc (GRYP) Insider Activity
The most recent transaction is an insider sale by Kaiser Brittany, the company’s Director. SEC filings show that Kaiser Brittany sold 604,581 shares of the company’s common stock on Jan 08 ’25 at a price of $0.35 per share for a total of $0.21 million. Following the sale, the insider now owns 0.6 million shares.
Gryphon Digital Mining Inc disclosed in a document filed with the SEC on Jun 21 ’24 that Salzman Simeon (Chief Financial Officer) sold a total of 55,595 shares of the company’s common stock. The trade occurred on Jun 21 ’24 and was made at $1.19 per share for $66158.0. Following the transaction, the insider now directly holds 0.17 million shares of the GRYP stock.
Still, SEC filings show that on Apr 04 ’24, GUTTERMAN STEVEN D. (Director) disposed off 14,035 shares at an average price of $1.26 for $17684.0. The insider now directly holds 14,035 shares of Gryphon Digital Mining Inc (GRYP).
