Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Gryphon Digital Mining Inc. (NASDAQ: GRYP) closed at $1.47 in the last session, down -2.65% from day before closing price of $1.51. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 0.63 million shares were traded. GRYP stock price reached its highest trading level at $1.6244 during the session, while it also had its lowest trading level at $1.41.
Ratios:
We take a closer look at GRYP’s different ratios to gain a better understanding of the stock. 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:
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 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 55937324 and an Enterprise Value of 96672776. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.18. Its current Enterprise Value per Revenue stands at 4.409 whereas that against EBITDA is 23.493.
Stock Price History:
Over the past 52 weeks, GRYP has reached a high of $16.50, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is -9.42%, while the 200-Day Moving Average is calculated to be -71.18%.
Shares Statistics:
According to the various share statistics, GRYP traded on average about 464.35K shares per day over the past 3-months and 327320 shares per day over the past 10 days. A total of 38.05M shares are outstanding, with a floating share count of 23.82M. Insiders hold about 37.41% of the company’s shares, while institutions hold 0.10% stake in the company. Shares short for GRYP as of 1713139200 were 139321 with a Short Ratio of 0.30, compared to 1710460800 on 171590. Therefore, it implies a Short% of Shares Outstanding of 139321 and a Short% of Float of 0.41000000000000003.
