Gryphon Digital Mining Inc. (GRYP) Shares Rise by 5.77% to Close at $2.75

As of close of business last night, Gryphon Digital Mining Inc.’s stock clocked out at $2.75, up 5.77% from its previous closing price of $2.60. On the day, 1168595 shares were traded. GRYP stock price reached its highest trading level at $3.0600 during the session, while it also had its lowest trading level at $2.5000.

Ratios:

To gain a deeper understanding of GRYP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.10 and its Current Ratio is at 0.10.

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, Lake Street on July 23, 2021, initiated with a Buy rating and assigned the stock a target price of $8.

On December 19, 2019, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $18.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRYP now has a Market Capitalization of 98.00M and an Enterprise Value of 103.38M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15. Its current Enterprise Value per Revenue stands at 4.76 whereas that against EBITDA is 5.96.

Stock Price History:

Over the past 52 weeks, GRYP has reached a high of $19.60, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is 5.7150, while the 200-Day Moving Average is calculated to be 7.9751.

Shares Statistics:

It appears that GRYP traded 118.14K shares on average per day over the past three months and 574.54k shares per day over the past ten days. A total of 0.52M shares are outstanding, with a floating share count of 0.52M. Insiders hold about 0.00% of the company’s shares, while institutions hold 6.91% stake in the company.

Earnings Estimates

As of right now, 0 analysts gave their recommendation on the stock of the company. 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 -$27.2. 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

In the current quarter, 1 analysts expect revenue to total $2.81M. It ranges from a high estimate of $2.81M to a low estimate of $2.81M. As of the current estimate, Gryphon Digital Mining Inc.’s year-ago sales were $4.62M, an estimated decrease of -39.20% from the year-ago figure.

A total of 1 analysts have provided revenue estimates for GRYP’s current fiscal year. The highest revenue estimate was $10.48M, while the lowest revenue estimate was $10.48M, resulting in an average revenue estimate of $10.48M. In the same quarter a year ago, actual revenue was $23.1M, down -54.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $38M in the next fiscal year. The high estimate is $38M and the low estimate is $38M. The average revenue growth estimate for next year is up 262.60% from the average revenue estimate for this year.

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