Gryphon Digital Mining Inc (NASDAQ:GRYP) currently has a daily average trading volume of 585.97K but it saw 989673 shares traded in last market. With a market cap of 34.16M USD, the company’s current market price of $0.67 came falling about -8.86 while comparing to the previous closing price of $0.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.30 and as low as $0.38. In the recent trading on the day, stock has struck highest price mark of $0.6556 while lowest mark touched by it was $0.766.
Taking a look at 20-day trading activity of Gryphon Digital Mining Inc (GRYP) gives us an average price of $0.6708, while its current price level is -93.51% below from 52-week high level whereas it is 74.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6152 while that of 200 days or SMA-200 reads an average of $1.2242. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.49% during that period while stretching the period over a month that decreases to 18.02%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.24 which implies that the stock is in neutral territory.
Alliance Global Partners also issued its recommendations for the stock as it initiated the price target for the stock is $18.
Over the week, GRYP’s stock price is moving -12.35% down while it is 6.08% when we observe its performance for the past one month. Year-to-date it is -92.32% down and over the past year, the stock is showing a downside performance of -88.73%.
The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.16 while estimate for next year EPS is nan. In next quarter, company is expected to be making quarterly sales of $20.9M as analysts are expecting the sales for current fiscal year at $nan and seeing the company making $nan in sales next year. Moreover, analysts are in estimates of $3.9M for current-quarter revenue.
Currently, Gryphon Digital Mining Inc’s total number of outstanding shares is 51.10M. Company’s return on equity (ROE) at -366.90%. Stock’s beta reads 2.41. Stock has a price to sale or P/S ratio amounts to 4.99. Its return on asset (ROA) is -84.65% on average.
