Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Gryphon Digital Mining Inc.’s stock clocked out at $1.39, up 2.21% from its previous closing price of $1.36. In other words, the price has increased by $2.21 from its previous closing price. On the day, 1.29 million shares were traded. GRYP stock price reached its highest trading level at $1.52 during the session, while it also had its lowest trading level at $1.36.
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 0.13 and its Current Ratio is at 0.13.
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.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 04 ’24 when GUTTERMAN STEVEN D. sold 14,035 shares for $1.26 per share. The transaction valued at 17,684 led to the insider holds 14,035 shares of the business.
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 52893112 and an Enterprise Value of 90452704. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.88. Its current Enterprise Value per Revenue stands at 4.126 whereas that against EBITDA is 21.981.
Stock Price History:
The Beta on a monthly basis for GRYP is 2.74, which has changed by -0.9118028 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, GRYP has reached a high of $17.80, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is -30.01%, while the 200-Day Moving Average is calculated to be -75.53%.
Shares Statistics:
It appears that GRYP traded 387.18K shares on average per day over the past three months and 434950 shares per day over the past ten days. A total of 38.80M shares are outstanding, with a floating share count of 24.23M. Insiders hold about 37.55% of the company’s shares, while institutions hold 0.10% stake in the company. Shares short for GRYP as of 1711584000 were 148561 with a Short Ratio of 0.38, compared to 1709164800 on 96045.
Earnings Estimates
The performance of Gryphon Digital Mining Inc. (GRYP) in the stock market is under the watchful eye of CRYP analysts actively contributing to its current rating.The consensus estimate for the next quarter is $5.25, with high estimates of $2.04 and low estimates of $1.39.
