The price of Greenidge Generation Holdings Inc (NASDAQ: GREE) closed at $3.89 in the last session, down -6.04% from day before closing price of $4.14. In other words, the price has decreased by -$0.2500 from its previous closing price. On the day, 770127 shares were traded.
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Ratios:
We take a closer look at GREE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 20 when Kovler Jordan bought 2,000 shares for $3.87 per share. The transaction valued at 7,740 led to the insider holds 12,000 shares of the business.
Kovler Jordan bought 1,500 shares of GREE for $6,112 on Feb 16. The Chief Executive Officer now owns 10,000 shares after completing the transaction at $4.07 per share. On Feb 05, another insider, Kovler Jordan, who serves as the Chief Executive Officer of the company, bought 3,050 shares for $3.29 each. As a result, the insider paid 10,024 and bolstered with 8,500 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 37.44M and an Enterprise Value of 116.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43. Its current Enterprise Value per Revenue stands at 1.74 whereas that against EBITDA is -0.91.
Stock Price History:
The Beta on a monthly basis for GREE is 3.47, which has changed by -17.20% over the last 52 weeks, in comparison to a change of 27.55% over the same period for the S&P500. 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 4.7512, while the 200-Day Moving Average is calculated to be 4.6207.
Shares Statistics:
According to the various share statistics, GREE traded on average about 523.22K shares per day over the past 3-months and 333.54k shares per day over the past 10 days. A total of 7.36M shares are outstanding, with a floating share count of 4.20M. Insiders hold about 42.91% of the company’s shares, while institutions hold 8.68% stake in the company. Shares short for GREE as of Feb 15, 2024 were 295.11k with a Short Ratio of 0.56, compared to 121.79k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.07% and a Short% of Float of 4.45%.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. 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 $0.2, with high estimates of $0.2 and low estimates of $0.2.
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 $2.9, with 1 analysts recommending between $2.9 and $2.9.
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.
