In the latest session, Greenidge Generation Holdings Inc (NASDAQ: GREE) closed at $3.50 up 0.29% from its previous closing price of $3.49. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 272952 shares were traded.
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Ratios:
For a deeper understanding of Greenidge Generation Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on March 25, 2022, initiated with a Hold rating and assigned the stock a target price of $10.
On September 29, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $78.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 28 ’24 when Irwin Dale sold 5,646 shares for $4.18 per share. The transaction valued at 23,600 led to the insider holds 104,739 shares of the business.
Kovler Jordan bought 2,000 shares of GREE for $7,740 on Feb 20 ’24. The Chief Executive Officer now owns 12,000 shares after completing the transaction at $3.87 per share. On Feb 16 ’24, another insider, Kovler Jordan, who serves as the Chief Executive Officer of the company, bought 1,500 shares for $4.07 each. As a result, the insider paid 6,112 and bolstered with 10,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GREE now has a Market Capitalization of 33.59M and an Enterprise Value of 112.36M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39. Its current Enterprise Value per Revenue stands at 1.68 whereas that against EBITDA is -0.88.
Stock Price History:
Over the past 52 weeks, GREE has reached a high of $9.26, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 3.7698, while the 200-Day Moving Average is calculated to be 4.7038.
Shares Statistics:
For the past three months, GREE has traded an average of 420.60K shares per day and 215.46k over the past ten days. A total of 7.36M shares are outstanding, with a floating share count of 4.17M. Insiders hold about 43.28% of the company’s shares, while institutions hold 8.68% stake in the company. Shares short for GREE as of Mar 15, 2024 were 368.77k with a Short Ratio of 0.88, compared to 295.11k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.83% and a Short% of Float of 5.56%.
Earnings Estimates
There are 0 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$5.2. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for GREE’s current fiscal year. The highest revenue estimate was $85.1M, while the lowest revenue estimate was $85.1M, resulting in an average revenue estimate of $85.1M. In the same quarter a year ago, actual revenue was $89.98M, down -5.40% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $98.2M in the next fiscal year. The high estimate is $98.2M and the low estimate is $98.2M. The average revenue growth estimate for next year is up 15.40% from the average revenue estimate for this year.
