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The closing price of Gryphon Digital Mining Inc (NASDAQ: GRYP) was $0.83 for the day, down -3.49% from the previous closing price of $0.86. In other words, the price has decreased by -$3.49 from its previous closing price. On the day, 1.84 million shares were traded. GRYP stock price reached its highest trading level at $0.87 during the session, while it also had its lowest trading level at $0.7167.
Ratios:
Our analysis of GRYP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13.
On July 23, 2021, Lake Street started tracking the stock assigning a Buy rating and target price of $8.
On December 19, 2019, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $18.Alliance Global Partners initiated its Buy rating on December 19, 2019, with a $18 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 21 ’24 when Salzman Simeon sold 55,595 shares for $1.19 per share. The transaction valued at 66,158 led to the insider holds 169,423 shares of the business.
GUTTERMAN STEVEN D. sold 14,035 shares of GRYP for $17,684 on Apr 04 ’24. The Director now owns 14,035 shares after completing the transaction at $1.26 per share.
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 41274156 and an Enterprise Value of 51277988. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91. Its current Enterprise Value per Revenue stands at 2.087 whereas that against EBITDA is -134.942.
Stock Price History:
Over the past 52 weeks, GRYP has reached a high of $10.30, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 40.53%, while the 200-Day Moving Average is calculated to be -40.08%.
Shares Statistics:
GRYP traded an average of 433.04K shares per day over the past three months and 1098920 shares per day over the past ten days. A total of 40.43M shares are outstanding, with a floating share count of 25.85M. Insiders hold about 36.07% of the company’s shares, while institutions hold 6.91% stake in the company. Shares short for GRYP as of 1728950400 were 36200 with a Short Ratio of 0.59, compared to 1726185600 on 80803. Therefore, it implies a Short% of Shares Outstanding of 36200 and a Short% of Float of 0.1.
