Greenidge Generation Holdings Inc [GREE] stock prices are up 8.07% to $2.41 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GREE shares have gain 13.68% over the last week, with a monthly amount drifted -1.63%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Greenidge Generation Holdings Inc [NASDAQ: GREE] stock has seen the most recent analyst activity on March 25, 2022, when Stifel initiated its Hold rating and assigned the stock a price target of $10. Previously, B. Riley Securities started tracking the stock with Buy rating on September 29, 2021, and set its price target to $78.
The stock price of Greenidge Generation Holdings Inc [GREE] has been fluctuating between $1.62 and $9.26 over the past year. Greenidge Generation Holdings Inc [NASDAQ: GREE] shares were valued at $2.41 at the most recent close of the market.
Analyzing the GREE fundamentals
The Greenidge Generation Holdings Inc [NASDAQ:GREE] reported sales of 64.38M for trailing twelve months, representing a drop of -40.84%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is 0.25 and Total Capital is -0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.2.
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 2.26 points at the first support level, and at 2.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.55, and for the 2nd resistance point, it is at 2.70.
Ratios To Look Out For
It’s worth pointing out that Greenidge Generation Holdings Inc [NASDAQ:GREE]’s Current Ratio is 1.22. As well, the Quick Ratio is 1.22, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 0.46.
Transactions by insiders
Recent insider trading involved Kovler Jordan, Chief Executive Officer, that happened on Sep 06 ’24 when 5000.0 shares were purchased. President, Irwin Dale completed a deal on May 28 ’24 to sell 8777.0 shares. Meanwhile, President Irwin Dale sold 25000.0 shares on May 20 ’24.
