The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $1.39 in the prior trading day, Gryphon Digital Mining Inc (NASDAQ: GRYP) closed at $1.33, down -4.32%. In other words, the price has decreased by -$4.32 from its previous closing price. On the day, 29.02 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GRYP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.35.
On July 23, 2021, Lake Street started tracking the stock assigning a Buy rating and target price of $8.
On December 19, 2019, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $18.Alliance Global Partners initiated its Buy rating on December 19, 2019, with a $18 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 13 ’25 when Vaiopoulos Demetrios bought 48,412 shares for $0.39 per share. The transaction valued at 18,881 led to the insider holds 48,412 shares of the business.
Kaiser Brittany bought 96,824 shares of GRYP for $37,761 on Jan 13 ’25. The Director now owns 96,824 shares after completing the transaction at $0.39 per share. On Jan 13 ’25, another insider, Billingsley Jessica, who serves as the Director of the company, bought 48,412 shares for $0.39 each. As a result, the insider paid 18,881 and bolstered with 48,810 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.61.
Stock Price History:
Over the past 52 weeks, GRYP has reached a high of $2.93, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is 298.10%, while the 200-Day Moving Average is calculated to be 173.76%.
Shares Statistics:
A total of 69.99M shares are outstanding, with a floating share count of 48.58M. Insiders hold about 33.04% of the company’s shares, while institutions hold 5.06% stake in the company.
