Gryphon Digital Mining Inc. [GRYP] stock prices are up 2.07% to $1.48 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GRYP shares have gain 6.47% over the last week, with a monthly amount glided 19.35%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Gryphon Digital Mining Inc. [NASDAQ: GRYP] stock has seen the most recent analyst activity on July 23, 2021, when Lake Street initiated its Buy rating and assigned the stock a price target of $8. Previously, Alliance Global Partners started tracking the stock with Buy rating on December 19, 2019, and set its price target to $18.
The stock price of Gryphon Digital Mining Inc. [GRYP] has been fluctuating between $1.22 and $16.66 over the past year. Gryphon Digital Mining Inc. [NASDAQ: GRYP] shares were valued at $1.48 at the most recent close of the market.
Analyzing the GRYP fundamentals
The Gryphon Digital Mining Inc. [NASDAQ:GRYP] reported sales of 6.84M for trailing twelve months, representing a drop of -104.80%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4133 points at the first support level, and at 1.3467 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5833, and for the 2nd resistance point, it is at 1.6867.
Gryphon Digital Mining Inc. [GRYP] reported earnings per share of -$6.4 for its fiscal quarter that ended on 9/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$8.6/share, meaning a difference of $2.2 and a surprise factor of 25.60%. By comparison, the stated earnings for the previous quarter ended on 6/30/2023 were -$10.4 per share as compared to estimates of -$6.4 per share, a difference of -$4 representing a surprise of -62.50%.
Ratios To Look Out For
It’s worth pointing out that Gryphon Digital Mining Inc. [NASDAQ:GRYP]’s Current Ratio is 0.13. On the other hand, the Quick Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 8.40.
Transactions by insiders
Recent insider trading involved GUTTERMAN STEVEN D., Director, that happened on Apr 04 ’24 when 14035.0 shares were sold.
